11 Best Innovative Stocks to Buy According to Analysts

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

Average analysts’ upside: 32.65%

Number of Hedge Fund Holders: 262

Meta Platforms, Inc. (NASDAQ:META) is a technology company that owns leading platforms such as Facebook, Instagram, Messenger, WhatsApp, and Meta Quest VR. The company is investing heavily in developing the next computing platform with the metaverse and related technologies and also employs AI across its platform to improve content discovery, ad delivery, product development, and user experience. Its innovation strategy is highly centered on long-term investment in AI, immersive experiences, and infrastructure. META ranked third on our recent list of 10 Best Stocks to Buy for the Next 3 Months.

Meta Platforms, Inc. (NASDAQ:META) ended 2024 with a strong performance, reaching over 3.3 billion daily active users across its family of apps. The company’s Q4 revenue reached $48.4 billion, up 21% YoY, while operating income was $23.4 billion with a 48% operating margin. Meta AI has emerged as the most widely used AI assistant, positioning the company for leadership in personalized AI services, reaching potentially over 1 billion users. Coupled with strong investments into infrastructure and breakthrough directions like Metaverse, the AI leadership makes META one of the best innovative stocks for the future.

The significant infrastructure investments made by Meta Platforms, Inc. (NASDAQ:META) consist of bringing online almost a gigawatt of capacity in 2025 and building a massive 2-gigawatt AI data center. META is also focusing on key growth areas, including Threads, which has reached 320 million monthly active users, and WhatsApp, which has surpassed 100 million monthly active users in the US. Management plans to fund these ambitious AI programs through aggressive investment in revenue-growth initiatives while maintaining a focus on operational efficiency.

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