These Investors Say Buy Meta Platforms (META) and Ignore SpaceX Hype

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These Investors Say Buy Meta Platforms (META) and Ignore SpaceX Hype Fahad Saleem Fri, July 3, 2026 at 9:22 AM EDT 3 min read META SPCX We just covered Avoid SpaceX and Buy These 11 Stocks Instead . Meta Platforms (NASDAQ:META) ranks #2 (see Avoid SpaceX and Buy These 5 Stocks Instead ). Meta Platforms (NASDAQ:META) is down about 17% so far this year amid fears that Mark Zuckerberg's AI spending spree might not result in returns. But many believe AI is already showing a positive impact on the social media giant's finances and Zuck knows what he's doing. Madison Large Cap Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter : Photo by Timothy Hales Bennett on Unsplash 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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