10 Best Stocks to Buy for High Returns in 2025

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

10-Year Revenue Growth: 30.15%

Number of Hedge Fund Holders: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company that develops social media platforms and virtual reality technologies. The company has also launched its AI chatbot which users can access while using Facebook, Instagram, and WhatsApp.

On January 23, Bank of America maintained its Buy rating on the stock and raised its price target to $710 from its previous target of $660. The firm remains confident in management’s cost discipline and its potential in AI capabilities. According to a recent report by The New York Times, CEO, Mark Zuckerburg has plans to increase spending on AI. Meta Platforms, Inc. (NASDAQ:META) plans to invest around $60 to $65 billion in artificial intelligence in 2025. This is a huge difference from the $40 billion the company has spent in 2024. Management also plans to launch its own GPUs by the end of the year. It is one of the best stocks to buy for high returns in 2025.

Hardman Johnston Global Equity stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q3 2024 investor letter:

“During the quarter, we initiated one new position in Meta Platforms, Inc. (NASDAQ:META) and had no liquidations. Management at Meta has effectively addressed concerns about investment efficiency by shifting resources from Reality Labs towards broader AI initiatives with a clearer path to profitability. We believe management has successfully articulated the benefits of this strategy, highlighting how AI is driving user engagement and advertiser productivity. This, in turn, fuels continued revenue momentum and increases the likelihood of positive earnings surprises in the future. Additionally, the parent company of the social media platform, Facebook, has recently taken positive steps to enhance safety, which suggests to us a shift towards a more proactive and responsive approach to addressing important potential challenges and concerns. Weak oversight over data privacy protection was a key reason why we sold the position in the portfolio back in 2021. Removing this governance overhang allows us to feel comfortable to enter back into the stock at a time when we believe it is poised for strong earnings growth going forward.”