5 Best Booming Stocks to Buy Now According to Hedge Funds

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

Number of Hedge Fund Holders: 225

Share Price Gains Year to Date: 153.93%

Meta Platforms, Inc. (Nasdaq:META) has revolutionized technological advancements by offering advanced products and services with continuous improvement and product development. It reported a Q2 total revenue of $32 billion up 11%, while net income stood at $7.8 billion or $2.98 per share.

Insider Monkey took a look at hedge fund portfolios for Meta Platforms, Inc. (Nasdaq:META) Q2 and found out that 225 had a stake in the company. Citadel Investment Group was the firm’s largest shareholder which had roughly 19.5 million shares for about $5.6 billion of Meta Platforms, Inc. (Nasdaq:META).