10 Best Stocks for Beginners with Little Money According to Hedge Funds

3. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 235

Meta Platforms, Inc. (NASDAQ:META) formerly the Facebook company, builds the future of human connection and the technology that makes it possible. The firm has moved beyond 2D screens and into immersive experiences in the metaverse to help create the next evolution of social technology. It has two reportable segments, the ‘Family of Apps’ including Facebook, Instagram, Messenger, WhatsApp, and other services, and the ‘Reality Labs’ which includes its virtual, augmented, and mixed reality-related consumer hardware, software, and content.

Mark Zuckerberg embraced the metaverse by changing his company’s name from Facebook to Meta, with a focus on bringing the metaverse to life and helping people connect, find communities, and grow businesses. While the company is progressing well on AI, glasses, and the future of social media, Mark Zuckerberg remains excited to see the efforts scale further this year. He remained confident in META’s artificial intelligence strategy and dismissed concerns over the rise of DeepSeek saying that it has strengthened META’s commitment to its AI ambitions. The tech giant is to spend a total of $114-$119 billion in total expenses which includes $60 to $65 billion in AI spend this year.

Jefferies has reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) while raising the stock target to $810 from $715. The firm is bullish on META’s position to monetize its traction in generative AI with the META.AI  platform and Llama, compelling opportunities for the company to strengthen its position in the AI market.