5 Best Reddit Stocks According to Billionaires

3. Meta Platforms Inc (NASDAQ:META)

Number of Billionaire Investors: 32

Among the list of billionaires having stakes in Meta Platforms Inc (NASDAQ:META), Rajiv Jain, who has a net worth of $3.2 billion, takes the lead as his hedge fund GQG Partners owns a $3.3 billion stake in Meta Platforms Inc (NASDAQ:META).

Here is what Claret Asset Management has to say about Meta Platforms, Inc. (NASDAQ:META) in its Q3 2023 investor letter:

“We have mentioned in the last letter that the “magnificent seven”, including Meta Platforms Inc.,dominated the performance of the S&P 500. We might have left you with the feeling that we are bearish because we don’t find the Magnificent 7 attractive. Let us make it clear: we are just not so pessimistic as to believe there are only 7 growth opportunities in the entire global equity market. In fact, we are optimists and think opportunity is abundant. Just not in everyone’s current 7 favorite stocks.”