Top 5 Stocks To Buy In 10 Different Sectors for the Next 3 Months

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

Number of Q3 2023 Hedge Fund Shareholders: 234

Sector: Communications Services

Meta Platforms, Inc. (NASDAQ:META) is the biggest social media company in the world. It is also a leading player in the technology industry, with CEO Mark Zuckerberg explaining during its latest earnings conference that Meta Platforms, Inc. (NASDAQ:META) will continue to develop its A.I. capabilities and expand computing power this year.

Insider Monkey surveyed 910 hedge funds for their third quarter of 2023 shareholdings and found that 234 had faith in the firm. Meta Platforms, Inc. (NASDAQ:META)’s biggest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital as it owns $3.4 billion worth of shares.

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