10 Best NASDAQ Stocks to Buy For Long Term

2. Meta Platforms, Inc. (NASDAQ:META)

5-Year Revenue CAGR: 18.93%

Number of Hedge Fund Holders: 260

Meta Platforms, Inc. (NASDAQ:META) is one of the best NASDAQ stocks to buy for the long term. On September 16, Reuters reported that Meta Platforms, Inc. (NASDAQ:META) is expected to introduce new smart glasses at its annual Connect event.

Mark Zuckerberg, Meta Platforms, Inc.’s (NASDAQ:META) CEO, is expected to reveal the company’s first consumer-ready smart glasses. These glasses will have a built-in display and are expected to retail for approximately $800, according to analysts.

The glasses, which are codenamed “Hypernova” inside Meta Platforms, Inc. (NASDAQ:META), are expected to be introduced as “Celeste.” These glasses will have a small digital display in the right lens for basic functions like notifications.

This new product is expected to be less advanced than the company’s “Orion” prototype glasses, which were showcased last year. Zuckerberg described Orion as “the time machine to the future.” Meta Platforms, Inc. (NASDAQ:META) expects to launch Orion in 2027.

Meta Platforms, Inc. (NASDAQ:META) is an American multinational technology company that owns and operates social media platforms and communication services, including Facebook, Instagram, Threads, Messenger, and WhatsApp.