5 Best Value Stocks to Invest In Right Now According to Billionaire Abrams

3. Facebook, Inc. (NASDAQ: FB)

Stake Value: $354,921,000
Percentage of  David Abrams’ 13F Portfolio: 7.99%
Number of Hedge Fund Holders: 242

Facebook, Inc. (NASDAQ: FB) has delivered strong growth ever since it went public and remains one of the best stocks to buy in David Abrams’ portfolio.

After the latest earnings report, Truist Securities adjusted its price target for the social media company from $350 to $400 based on its prevailing positive trends and favorable economic environment. JMP Securities also raised its price target from $350 to $395, courtesy of Facebook’s position in the advertising industry.

Distillate Capital, in its Q1 2021 investor letter, mentioned Facebook, Inc. (NASDAQ: FB). Here is what the fund said:

“Facebook has come in and out of the portfolio before and did so this quarter on the back of substantial improvement in projected free cash flows such that its valuation now meets the criteria for inclusion.”