13 Best NASDAQ Stocks to Buy So Far in 2025

3. Meta Platforms Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 262

Meta Platforms Inc. (NASDAQ:META) enables people to connect and share with friends and family through mobile devices, personal computers, AR/VR, and wearables worldwide. It operates through two segments. The FoA (Family of Apps) segment offers Facebook, Instagram, and WhatsApp among other popular apps. The RL (Reality Labs) segment provides VR, AR, and mixed reality-related products.

On April 2, Deepak Mathivanan at Cantor Fitzgerald reiterated an Overweight rating on the company with a $790 price target. The analyst believes that the company’s advanced AI capabilities are reflected in its upcoming AI models and computing infrastructure and are the primary driver of its growth. As AI agents become rampant and revolutionize the way consumers interact in the next few years, Meta Platforms Inc. (NASDAQ:META) will become a dominant force in the AI space.

Over 3.3 billion people use at least one Meta Platforms Inc.’s (NASDAQ:META) apps daily. This is why in Q4 2024, the revenue for the company’s FoA rose by 21% year-over-year. Ad revenue alone rose by 21%, and it uses AI to enhance ad ranking and targeting through Advantage+ for better monetization. The company is also integrating its AI assistant across FoA. It’s called Meta AI and reached over 700 million monthly active users.

Nightview Capital highlighted the company’s strong growth potential, due to its AI leadership with Llama model, advertising ecosystem, and AR capabilities. It stated the following regarding Meta Platforms Inc. (NASDAQ:META) in its Q4 2024 investor letter:

“Core Opportunity: Meta Platforms, Inc.’s (NASDAQ:META) platforms—Instagram, Facebook, WhatsApp, and Messenger—reach nearly half the world’s population daily, making it one of the most powerful advertising ecosystems globally. With investments in AI and augmented reality (AR), we believe Meta is also creating significant optionality for long-term growth.

Competitive Advantage: Thriving Core Platforms: In Q3, we saw Meta achieve a 23% YoY revenue growth,—a testament to strong user engagement across its ecosystem. The advertising landscape as a whole continues to evolve and we believe Meta’s existing platforms offer a defined advantage in this new world. Existing platforms in the age of AI continue to be the most powerful indicator of future success in our opinion.

AI Leadership: Meta’s AI capabilities and the Llama AI model are driving efficiency and product innovation. In our view, these assets have been under-appreciated by the market while enhancing Meta’s ability to further scale and innovate its leading advertising business…” (Click here to read the full text)