Fred Alger Management released its second-quarter 2025 investor letter, highlighting the rebound of equities and the outperformance of its Class A shares against the Russell 3000 Growth Index. Check the fund’s top five holdings for its best picks in 2025. Meta Platforms, Inc. (META) saw a 1.47% one-month return and a 35.83% gain over the last 52 weeks, closing at $765.16 per share with a market capitalization of $1.922 trillion on September 22, 2025.

In the second quarter of 2025, Meta Platforms, Inc. (META) was praised in Alger Spectra Fund’s investor letter for being the world’s largest social-media company, with AI-powered ad-delivery tools driving higher pricing and better campaign performance. The company’s shares rose after strong fiscal first-quarter results and revenue growth, positioning it for potential revenue streams and supported by a cash-rich balance sheet.

Meta Platforms, Inc. (META) ranks third among the 30 Most Popular Stocks Among Hedge Funds, with 260 hedge fund portfolios holding the stock at the end of the second quarter. The company reported revenue of $47.5 billion in the second quarter of 2025, representing a 22% increase in reported and constant currency. While acknowledging Meta Platforms, Inc.’s potential, some believe certain AI stocks offer greater upside potential and carry less downside risk.

Read more at Yahoo Finance: Varied Growth Drivers Lifted Meta Platforms (META) in Q2