In this article, we will look at the 5 Best Stocks to Buy Now According to Billionaire Bill Ackman. For a deeper discussion and an extended list, please see 9 Best Stocks to Buy Now According to Billionaire Bill Ackman.
5. Meta Platforms, Inc. (NASDAQ:META)
Meta Platforms, Inc. (NASDAQ:META) is included in our list of the 9 best stocks to buy according to billionaire Bill Ackman, accounting for 11.37% of the total portfolio.
One of the biggest additions to Pershing Square’s portfolio at the end of the fourth quarter of 2025 was Meta Platforms, Inc. (NASDAQ:META), with Bill Ackman acquiring 2.67 million shares, valued at over $1.76 billion.
After Meta Platforms, Inc. (NASDAQ:META) released its third-quarter 2025 results in October last year, Pershing Square took a position in the stock. The firm cited the 20% share price plunge following the release, where management laid out its plans to dramatically boost spending on AI projects in 2026. Since it initiated the position in November (exact date unknown), the stock has rallied as much as 14% in between but has since given up those gains and been flat as of March 5.
That said, Ackman saw the pullback as a desirable opportunity to acquire a stake in the stock, which was trading at just 20x earnings per share. Citing apps like Facebook, Instagram, and WhatsApp, which make up Meta’s “Family of Apps,” Ackman stated that these apps together boast over 3.5 billion daily active users worldwide, driving the firm’s positive outlook on Meta.
The investment firm believes breakthroughs in AI will improve content recommendations, increase engagement, and improve ad targeting. This would strengthen Meta Platforms, Inc. (NASDAQ:META)’s ecosystem, as the amount of time spent watching videos on Instagram has already grown by almost 30% year-over-year, Ackman stated in his Q4 2025 Letter to Shareholders from February 2026.
At the same time, hedge fund sentiment regarding Meta Platforms, Inc. (NASDAQ:META) weakened during the fourth quarter amid ongoing concerns surrounding its massive AI-related spending. Collectively, the total hedge fund stake in the stock decreased to $44 billion from $61.30 billion, and the number of bullish hedge funds also shrank from 273 to 256, according to Insider Monkey’s database.
Meanwhile, Meta Platforms, Inc. (NASDAQ:META) continues its efforts to capitalize on the AI boom.
On March 4, 2026, Meta Platforms, Inc. (NASDAQ:META) and News Corp. signed a multi-year AI content license agreement valued at up to $50 million per year. This enables Meta to access U.S. and U.K. content that can be used to train AI models and power its products. The contract will be in effect for a minimum of three years.
Meta Platforms, Inc. (NASDAQ:META) creates social media apps and digital platforms through its Family of Apps and Reality Labs divisions. The corporation is headquartered in Menlo Park, California.
