10 Buzzing AI Stocks to Watch in September

2. Meta Platforms (NASDAQ:META)

Number of Hedge Fund Investors: 260

Kevin Simpson, Capital Wealth Planning founder and CIO, said in a CNBC program on August 22 that he bought Meta Platforms shares. Here is how he explained the reasons behind the move:

“We were not expecting the big spend for Google and also as an Alphabet shareholder. That’s terrific. But overall, you’ve seen a stock that’s really rolled over recently. We still look at Meta. It was our number one pick going into the year. I think it continues to be. We look at this pullback and took advantage of it yesterday. Bought another 1% and yes, we sit here today looking lucky and smart, but when you see weakness, those are the times to deploy capital.”

First Eagle Global Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its second quarter 2025 investor letter:

“Meta Platforms, Inc. (NASDAQ:META)—the parent company of Facebook, Instagram and WhatsApp, among other social-media platforms—reported strong revenue and earnings growth during the quarter, driven by increases in both ad impressions and price per ad. The company continued to aggressively invest and hire in AI, even as it develops its core advertising businesses. We believe these results demonstrate Meta’s ability to focus on both profitability and efficiency in conjunction with ongoing investments in the core ad business, the metaverse and other AI applications.”