5 Best Big Stocks To Invest In

2. Facebook, Inc. (NASDAQ: FB)

Number of Hedge Fund Holders: 266

Facebook, Inc. (NASDAQ: FB) is a California-based tech company known primarily for its social networking platforms such as Facebook, Instagram, Messenger, and WhatsApp.

Out of the hedge funds tracked by Insider Monkey, Eagle Capital Management had the most valuable in Facebook, Inc. (NASDAQ: FB) as of the end of the second quarter of 2021, worth close to $2.58 billion, comprising 7.37% of its 13F portfolio. Eagle Capital Management’s stake in Facebook, Inc. (NASDAQ: FB) increased by 7% during the second quarter of 2021.

In its Q2 2021 investor letter, Polen Capital, an investment management firm, mentioned Facebook, Inc. (NASDAQ: FB). Here is what the firm had to say:

“Facebook was the top contributor to our return for the second consecutive quarter. The company has over $1 trillion market capitalizations. Yet, based on first quarter 2021 results, FB is currently still growing revenue at over 30% organically! In fact, last quarter Facebook grew revenue 48% year over year. Facebook has generated earnings and intrinsic value growth for many years, driven largely by the mostly free services the company provide to people who can easily choose to stop using them and spend their time elsewhere.

That said, we are regularly asked about the perceived high regulatory risk around Facebook. We examine risks to businesses and, in particular, regulatory risks through a lens of risk exposure versus actual risk. For instance, the antitrust complaints globally against Facebook based on their size, influence, and strong competitive positioning, definitionally exposes these companies to more regulatory risk than much smaller businesses. However, we do not believe risk exposure is the same as actual risk…”