The piece is primarily portfolio/stock-pick commentary (not new fundamentals), but it references ongoing EU regulatory developments and a recent analyst action, which can contribute to sentiment and near-term trading interest.
Meta Platforms, Inc. (META) Is A Top AI Stock In Billionaire David Tepper’s Portfolio Ramish Cheema Wed, June 24, 2026 at 8:57 PM GMT+2 1 min read META We recently published David Tepper Stock Portfolio: 10 Long-Term Stock Picks . Meta Platforms, Inc.
(NASDAQ:META) is one of the long-term stock picks. Social media giant Meta Platforms, Inc. (NASDAQ:META) is another long-term David Tepper stock pick.
It first appeared in his hedge fund's holdings in the first quarter of 2014. It remained in the holdings for two more quarters. Then, Appaloosa held 1.
6 million Meta Platforms, Inc. (NASDAQ:META) shares that were worth $185 million at the end of 2016's first quarter. Since then, save for the second quarter, the firm has continued to hold the shares.
Its latest stake in Meta Platforms, Inc. (NASDAQ:META) is worth $249 million and comes courtesy of 436,500 shares. Meta Platforms, Inc.
(META) Is A Top AI Stock In Billionaire David Tepper's Portfolio Photo by austin-distel on Unsplash The social media company came under the scrutiny of European officials earlier this month after the European Commission ordered it to give access to WhatsApp to its rivals in the AI chatbot industry. The Commission's order came after Meta Platforms, Inc. (NASDAQ:META)'s French and Spanish rivals complained to the authorities.
On June 9th, Truist kept a Buy rating and a $840 share price target for the firm after the launch of new subscription plans. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term 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 .
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