Goldman Sachs Value Stocks: Top 12 Stock Picks

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

Goldman Sachs’ Q4 2024 Stake Value: $8,269,459,946

P/E Ratio as of April 11: 21.41

Number of Hedge Fund Holders: 262

Mark Zuckerberg’s Meta Platforms, Inc. (NASDAQ:META), with a P/E ratio of 21.41, ranks 2nd on our list of the Goldman Sachs value stocks. Piper Sandler analyst Thomas Champion assigned an Overweight rating on the stock, with a price target of $610. The analyst commended Meta’s strong ad checks and solid revenue growth, with Q2 projected to bring in $42.5 billion to $45.5 billion. While there are some concerns around e-commerce and China, Meta still looks financially healthy and undervalued, trading at a low PEG ratio, according to Champion.

On February 13, Meta Platforms, Inc. (NASDAQ:META) declared a $0.525 per share quarterly dividend, a 5% increase from its prior dividend of $0.50. The dividend was distributed on March 26, to shareholders listed by March 14.

Meta Platforms, Inc. (NASDAQ:META)’s most advanced AI models yet, Llama 4 Scout and Llama 4 Maverick, were introduced on April 5. These models are quick, efficient, and accessible for everyone, developed to power smarter apps and tools. There is a next-level model in progress called Llama 4 Behemoth that was created to outsmart some of the top AI systems out there.

According to Insider Monkey’s fourth quarter database, 262 hedge funds held long positions in Meta Platforms, Inc. (NASDAQ:META), compared to 235 funds in the earlier quarter. Rajiv Jain’s GQG Partners was a notable stakeholder of the company, with 9.3 million shares worth $5.45 billion.