10 Trending AI Stocks on Wall Street’s Radar

Page 9 of 9

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

Number of Hedge Fund Investors: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company. On January 31, Jyoti Mann and Hugh Langley from Business Insider reported that Meta CEO Mark Zuckerberg told staffers to brace for an “intense year” ahead. Addressing several policy changes related to fact-checking and programs for diversity, equity, and inclusion, he emphasized a sense of urgency for the year. He also told the staff that he expects to have a clearer sense of the company’s trajectory by the end of 2025, particularly artificial intelligence.

“This is a marathon, not a sprint. But honestly, this year feels a little more like a sprint to me”.

– As reported by Business Insider.

Additionally, he predicted that 2025 would be the year its “highly intelligent and personalized” digital assistant reached 1 billion users.

“I think whoever gets there first is going to have a long-term, durable advantage towards building one of the most important products in history,” Zuckerberg said, as reported by Business Insider.

He also said that this year may be when Meta starts seeing AI agents take on work, including writing software. Zuckerberg said it was “hard to know” whether this would eventually lead to job cuts, but even if it leads to some roles becoming redundant, it could lead to hiring more engineers who can leverage artificial intelligence to be more productive.

While we acknowledge the potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than META but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9