5 Best FAANG+ Stocks to Invest in Right Now

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

Meta Platforms, Inc. (NASDAQ:META) ranks among the best FAANG+ stocks to invest in right now. On March 10, Citizens maintained its Market Outperform rating and $900 price target for Meta Platforms, Inc. (NASDAQ:META). The firm reported that global total time spent on Meta’s platforms has increased by 17% year-over-year for the past seven months, with February up 17%.

According to Citizens, the data imply that Instagram has hiked usage among existing members by double digits, which could be due to continued increases in relevance from AI.

On the same day, Meta Platforms, Inc. (NASDAQ:META) announced the acquisition of Moltbook, a social networking platform designed for AI agents, bringing co-founders Matt Schlicht and Ben Parr into Meta Superintelligence Labs, which is run by former Scale AI CEO Alexandr Wang.

The acquisition suggests an accelerated rush among tech giants to acquire AI specialists and technology, as self-learning agents capable of performing real-world jobs transition from gimmick to the next stage of the industry.

Meta Platforms, Inc. (NASDAQ:META) is a California-based company that develops social media applications, such as Facebook and Instagram. Dedicated to connecting people and growing businesses, the company has two segments: Family of Apps (FoA) and Reality Labs (RL).