Billionaire Steve Mandel Just Bought $100 Million More of His Top Artificial Intelligence (AI) Stock Pick

From Nasdaq: 2025-02-24 06:53:00

Investors take notice as Lone Pine Capital adds 146,000 shares of Meta Platforms, valued at over $100 million. Meta’s social media platforms generated $47.3 billion in revenue, with $28.3 billion in operating profit, solidifying its financial powerhouse status. CEO Mark Zuckerberg’s ambitious AI, VR, and AR plans position Meta for future growth.

Despite Meta’s stock rising over 20% in 2025, trading at 28 times forward earnings, it remains cheaper than peers like Apple and Microsoft. With strong social media dominance and AI investments, Meta’s stock is still considered a buy opportunity. Investors may consider holding shares as the stock continues its upward trajectory towards a potentially lucrative future.

A “Double Down” stock recommendation could offer another chance for investors to capitalize on potential growth, citing past successes with Nvidia, Apple, and Netflix. The Motley Fool’s board member, Randi Zuckerberg, has no position in the mentioned stocks. The Motley Fool recommends Apple, Meta Platforms, and Microsoft, highlighting the potential for future growth and investment opportunities. Investment advice from The Motley Fool suggests buying long January 2026 $395 calls on Microsoft and selling short January 2026 $405 calls on Microsoft. For more information, refer to their disclosure policy. The author’s views in this article may differ from those of Nasdaq, Inc.



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