5 Best Monopoly Stocks to Buy According to Hedge Funds

In this article, we are going to look at the 5 Best Monopoly Stocks to Buy According to Hedge Funds. For a longer list and more details on how we picked these stocks, you can go to 12 Best Monopoly Stocks to Buy According to Hedge Funds.

5. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 262

Meta Platforms, Inc. (NASDAQ:META) is one of the Best Monopoly Stocks to Buy According to Hedge Funds. On July 2, Bank of America analyst Justin Post maintained a “Buy” rating on the company’s stock with a price objective of $835. As per the analyst, creating a business that is focused on cloud services or AI infrastructure can result in a new revenue stream.

The bullish view is that Meta Platforms, Inc. (NASDAQ:META) has been developing something valuable. As per the firm, Wall Street expects the tech giant to spend ~$850 billion on capital expenditures between 2026 and 2030. Therefore, if building one gigawatt of AI capacity can cost ~$45 billion, the company can build ~19 gigawatts of computing power.

However, the firm also noted that building a cloud business is not easy. If there are no clear cost or technological advantages, it can be a lower-margin business. Notably, companies such as Amazon and Google took several years to make their respective cloud divisions profitable. Despite the risks and challenges, the firm remains optimistic.

Meta Platforms, Inc. (NASDAQ:META) develops products that allow people to share and connect with their family and friends using PCs, mobile devices, VR headsets, and AI glasses.