Billionaire Mason Morfit’s 10 Stock Picks with Highest Upside Potential

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

Potential Upside: 12.92%

Number of Hedge Fund Holders: 262

Meta Platforms, Inc. (NASDAQ:META) is a big part of Mason Morfit’s investments, making up 2.82% of his portfolio at $123.8 million. The company operates platforms including Facebook, Instagram, and WhatsApp, dominating the digital world while expanding through advancements in AI and infrastructure. Its focus on efficiency and strong finances matches Morfit’s preference for scalable businesses with future potential.

In Q1 2025, Meta Platforms, Inc. (NASDAQ:META) brought in $42.3 billion, an increase of 16% from last year. It also made $17.6 billion in operating income with a 41% margin and generated $10.3 billion in free cash. With $70.2 billion in cash reserves, Meta is well-positioned to continue investing in AI, advertising, and hardware. However, Reality Labs still posted a $4.2 billion loss, though it shows promise with its Ray-Ban smart glasses powered by Meta AI, which are gaining popularity.

AI is a major factor for the growth of Meta Platforms, Inc. (NASDAQ:META), with tools like the Generative Ads Recommendation Model (GEM). It improved Reels ad conversions by 5% in Q1 and has the potential to make ads even more effective going forward. Over 30% of advertisers now use Meta’s AI creative tools, as it has nearly 1 billion monthly users.

As Meta shifts from metaverse vision to practical AI and messaging applications, its strategy supports current growth and future relevance, making it a smart investment in Mason Morfit’s stock portfolio.