5 Best US Stocks for Foreigners

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

Number of Hedge Fund Holders: 194

Meta Platforms, Inc. (NASDAQ:META) is a potential metaverse play given the company’s substantial investments in the sector over the last few years. While it has spent tens of billions of dollars on the metaverse, Meta Platforms, Inc. (NASDAQ:META) is also cutting costs as the company recently announced workforce reductions of around 10,000 people. Furthermore, the company is closing around 5,000 additional roles it hasn’t hired yet. 194 hedge funds in our database owned shares of Meta Platforms, Inc. (NASDAQ:META) at the end of Q4, ranking the stock #3 on our list of 15 Best US Stocks for Foreigners.