5 Most Promising Long-Term Stocks According to Analysts

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

Number of Hedge Fund Holders: 194

One-Year Average Price Estimate: $209.06

Meta Platforms, Inc. (NASDAQ:META) is one of the most promising long-term stocks according to hedge funds and analysts. Meta Platforms, Inc. (NASDAQ:META) is trading at around $180 as of March 14, while its one-year average price estimate is $209.06.

Recently, a spokesperson from Meta Platforms, Inc. (NASDAQ:META) told Reuters the company was exploring plans to launch a standalone platform for real-time text updates. Analysts believe such an app would be to counter Twitter Inc. (NYSE:TWTR).

At the end of the fourth quarter of last year, 194 hedge funds reported having stakes in Meta Platforms, Inc. (NASDAQ:META). The total worth of these stakes was about $16 billion. The biggest stakeholder of Meta Platforms, Inc. (NASDAQ:META) was Boykin Curry’s Eagle Capital Management which owns a $1.1 billion stake in the company.