5 Best Stocks To Buy According to AI

2. Meta Platforms Inc (NASDAQ:META)

Stock Performance Since ChatGPT Recommended The Stock Last Year: +153%

Meta Platforms Inc (NASDAQ:META) stock has jumped about 153% since March 16, 2023, the day when ChatGPT recommended investors to buy the stock if they want to become rich in the next 10 years. Meta Platforms Inc (NASDAQ:META) has been one of the top performers since Meta Platforms Inc’s (NASDAQ:META) business is thriving amid user growth across its platforms and integration of AI in its products.

Sequoia Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its fourth quarter 2023 investor letter:

“Two additional trims, in Meta Platforms, Inc. (NASDAQ:META) and Carmax, were more substantive in nature. When Meta’s stock declined in 2022, we judged it to be significantly mispriced and held our ground through the bottom. We trimmed the position serially last year as the stock soared because we were wary of holding a large position exposed to significant regulatory risks, particularly in Europe. We are comfortable owning Meta at today’s much-reduced weighting and current valuation. The smaller position size reflects our updated assessment of the balance of long-term risk versus reward.”