Abrams Capital 13F: 5 Best Stocks To Buy

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

Abrams Capital’s Q3 2023 Investment: $278 million

Meta Platforms, Inc. (NASDAQ:META) is one of the best known companies in the world due to its social media platforms. It is the only stock in our list of David Abrams’s top stocks that saw the investor trim down his stake by 19% during Q3. Meta Platforms, Inc. (NASDAQ:META)’s shares are rated Strong Buy on average, and analysts have set an average share price target of $370.

In the previous quarter, 225 out of the 910 hedge funds profiled by Insider Monkey were the firm’s investors. Meta Platforms, Inc. (NASDAQ:META)’s largest hedge fund shareholder was Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital due to its $3 billion stake.

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