Meta Platforms Inc. (META) Is A Top AI Stock In D. E. Shaw’s Holdings

Meta Platforms Inc. (NASDAQ:META) is one of the 10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw.

Social media giant Meta Platforms Inc. (NASDAQ:META) has been in the news lately due to its reported decision to sell excess computing capacity. The reports come as discussions and debates about its spending, despite not having an established cloud computing business is rampant. Meta Platforms Inc. (NASDAQ:META)’s shares are down by 13% over the past year and by 2.9% year-to-date. The firm is also under fire due to the purportedly addictive nature of its social media platforms. On June 30th, a California judge rejected the firm’s application to dismiss a lawsuit filed by state attorneys accusing Meta Platforms Inc. (NASDAQ:META) of designing platforms to be addictive to teenagers.

Meta Platforms Inc. (META) Is A Top AI Stock In D. E. Shaw's Holdings

Photo by Timothy Hales Bennett on Unsplash

Cantor Fitzgerald discussed the shares on July 6th. It reiterated a Buy rating and a $750 share price target on Meta Platforms Inc. (NASDAQ:META)’s shares. Amidst its aggressive focus on artificial intelligence, a media report in July suggested that the firm’s CEO was unhappy about the pace of progress of agentic artificial intelligence.

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 the cheapest AI stock.

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