Billionaire David Tepper’s Investment Strategy and 10 Favorite Stocks

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

Share Price Performance (Mar 31, 2025 – Feb 13, 2026): 11.00%

Appaloosa Management’s Stake Value: $271.7 million

Number of Hedge Fund Holders: 273

Meta Platforms, Inc. (NASDAQ:META) ranks among billionaire David Tepper’s 10 favorite stocks. On February 3, Meta Platforms, Inc. (NASDAQ:META) reported strong financial results for the fourth quarter of 2025, with earnings per share of $8.88 exceeding the projected $8.19. Meanwhile, revenue came in at $59.9 billion, exceeding the expected $58.35 billion. Record Christmas traffic and AI-driven gains in ad efficiency also accelerated the company’s top-line growth.

Despite a rise in AI infrastructure expenses, Meta’s free cash flow exceeded market forecasts. Moreover, management provided encouraging projections for the first quarter of 2026, reiterating that absolute operating profit in 2026 will exceed 2025 figures.

Meta Platforms, Inc. (NASDAQ:META) projects revenue for the first quarter of 2026 to fall between $53.5 billion and $56.5 billion. In addition, with capital expenditures projected at $115 billion to $135 billion, the company forecasts full-year 2026 expenses to be around $162 billion and $169 billion.

Meta Platforms, Inc. (NASDAQ:META) is a California-based company that develops social media applications. Dedicated to connecting people and growing businesses, the company has two segments: Family of Apps (FoA) and Reality Labs (RL).

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