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Billionaire Philippe Laffont Loves Meta Platforms (META): Should You Buy Post-Earnings Dip?

We just covered Here is How Billionaire Philippe Laffont’s Top 10 Picks Crushed The Market. Meta Platforms Inc. (NASDAQ:META) ranks #3 (see the Here is How Billionaire Philippe Laffont’s Top 5 Picks Crushed The Market).

YTD Stock Performance: +3%

Philippe Laffont’s Stake: $2.49 Billion

Meta shares were falling early Thursday, and the reason is easy to guess: rising CapEx. Despite investor concerns, Mark Zuckerberg isn’t slowing down spending on AI infrastructure because he can see the rewards fall into the future. But what’s the real bull case for META?

Meta Platforms Inc. (NASDAQ:META) is becoming an advertising powerhouse and is now on track to surpass Alphabet in digital ad revenue, driven by strong AI-led execution. Meta gets about 97% of its revenue from advertising. It’s seeing growth in key metrics like price per ad and total ad impressions. Meta Platforms Inc. (NASDAQ:META) has a strong edge in the ads market in the age of AI. How? Meta ads are shown inside apps like Instagram and Facebook and its tools like Advantage+ analyze massive user data and automatically find the best audiences, improving return on ad spend.  On the other hand, Google’s traditional “pull” ads (search-based) are facing pressure as behavior shifts toward AI-driven discovery.

Meta Platforms Inc’s (NASDAQ:META) net digital advertising revenue is expected to reach approximately $240+ billion by 2026, slightly ahead of Alphabet’s Google in the same category, according to eMarketer estimates.

The Meta Training and Inference Accelerator (MTIA) is expected to lower Meta’s reliance on Nvidia chips. META has a forward P/E of 22x, down from its historical average of 25.5x and lower than major Magnificent Seven peers and the broader industry average for high-growth tech.

Montaka Global Investments stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter:

“The strength of an investment opportunity depends on the price at which you can acquire current and future earnings power. We see many instances today of strong competitive advantages being offered by the market at highly-attractive prices. Based on Montaka’s internal assessments, here are several:

Meta Platforms, Inc. (NASDAQ:META) — Towards the end of March, Meta’s stock price hit US$526 per share, a level that implies click here to read the letter in detail

Photo by austin-distel on Unsplash

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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