From Nasdaq: 2024-05-05 06:30:00

Billionaires favor Alphabet and Meta Platforms in their hedge funds, owning them in majority. Both companies excel in advertising on top-performing platforms like Google and Facebook. Advertising revenue for Q1 2024 soared, boosting stocks by 20%. Other bets in AI and low forward earnings multiples make them promising investments.

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Read more at Nasdaq: 2 Stocks Billionaires Love That Look Like Great Buys Now