5 Best Vanguard Stocks to Buy Now

4. Facebook, Inc. (NASDAQ: FB)

Vanguard’s Stake Value: $53,945,171,000
Percentage of Vanguard Group’s 13F Portfolio: 1.48%
Number of Hedge Fund Holders: 257

Facebook, Inc. (NASDAQ: FB) ranks 4th on the 10 best Vanguard stocks to buy now. Facebook, Inc. is the largest social media network globally. At the end of the first quarter, Vanguard Group Inc owned 183,156,795 shares of Facebook, Inc. (NASDAQ: FB) worth $53.9 billion, representing 1.48% of Vanguard’s investment portfolio. The stock has gained 43% over the last twelve months. Shares of FB also increased 12% in the past three months.

The company has a market cap of $993 billion. The company’s revenue in the first quarter of 2021 grew 48% to $26.2 billion, up from $17.7 billion in the same quarter in 2020. The company reported a net income of $9.5 billion or $3.30 diluted earnings per share, up from a net income of $4.9 billion or $1.71 diluted earnings per share in the first quarter of 2020. At the end of the first quarter, Facebook, Inc.’s (NASDAQ: FB) monthly active users grew 10% year over year to 2.85 billion. On June 30, Argus Research maintained a Buy rating on Facebook, Inc., with a price target of $410 per share. 

At the end of the first quarter of 2021, 257 hedge funds in the database of Insider Monkey held stakes worth $40.9 billion in Facebook, Inc. (NASDAQ: FB), up from 242 the preceding quarter worth $38.2 billion. 

In its Q1 2021 investor letter, investment management firm ClearBridge Investments mentioned Facebook, Inc. (NASDAQ: FB) and shared their insights on the company. Here is what the fund said: 

“We continued to keep our learnings from 2020 in mind during the quarter as we sought to increase the up capture of the portfolio. We also made adjustments to the portfolio’s top 10 holdings to increase the participation of select stocks, including Facebook, while trimming our weighting to stable names, which now represent 47% of the portfolio. Our repositioning has been encouraging so far with the portfolio performing better on up days in the market while maintaining good down capture during more turbulent sessions.”