Philippe Laffont’s top stock pick is Meta Platforms, Inc. (META), accounting for 7.27% of his portfolio at $2.96 billion. Meta is working on a new disappearing photo app called “Instants” to compete with Snapchat, aiming to increase user engagement. This innovation aligns with Meta’s efforts to address European regulatory challenges, as the EU’s top court extended WhatsApp’s GDPR fine appeal. Despite Meta’s potential, some investors see greater upside in AI stocks. For more insights on investment opportunities, check out our report on undervalued AI stocks.

Read more at Yahoo Finance: Is Meta Platforms (META) Philippe Laffont’s Top Pick?