From Yahoo Finance: 2025-05-08 19:22:00

Billionaire David Abrams’ 10 Stock Picks with Huge Upside Potential were recently highlighted, including Meta Platforms, Inc. (NASDAQ:META). Abrams founded Abrams Capital Management in 1999 after working at Baupost Group. His firm manages $10.05 billion in discretionary assets with a top 10 holdings concentration of 98.7%. Abrams is a value investor with an annualized return of around 20%.

Abrams emphasizes balancing growth and established sectors in his portfolio. He values declining industries for stability and limited competition. He believes that high-growth sectors face intense competition. Abrams serves on various private company boards and is a trustee for MITMCO and previously Berklee College of Music and Milton Academy.

Meta Platforms Inc. (NASDAQ:META) is a leading technology company owning various social platforms like Facebook and Instagram. In Q1 2025, META’s Family of Apps advertising revenue reached $41.4 billion, up 16% YoY. The company is investing in AI to enhance its advertising capabilities, showing early success with a 30% increase in advertisers using AI creative tools.

META ranks 8th in Abrams’ stock picks with huge upside potential. The company’s advancements in AI, particularly its open-source approach, have impressed analysts. BofA Securities maintained a Buy rating with a price target of $640 for META due to its AI progress. AI stocks like META hold promise for high returns in a shorter time frame.

The growth potential of META is acknowledged, but the focus is on AI stocks for high returns within a shorter timeframe. An AI stock trading at less than 5 times earnings with significant upside potential is recommended for investors interested in the sector. Check out our report on this cheapest AI stock for more information.



Read more at Yahoo Finance: Among Billionaire David Abrams’ Stock Picks with Huge Upside Potential