Meta Platforms, Inc. has been a major player in the tech industry for years. The company owns popular social media apps like Facebook and Instagram.
It also has messaging apps WhatsApp and Messenger. In the second quarter of 2024, 219 hedge funds held stakes in Meta worth $42.54 billion. This shows that big investors like the company.
Over the past 10 years, Meta has grown a lot. Its revenue went up 31%, profits rose 36%, and cash flow increased 26%. In the most recent quarter, the company kept doing well.
Revenue was up 22% from last year to $39.1 billion. Ad revenue also went up 22% to $38.3 billion. Even though Meta has been around for a while, it still gets more users every day.
It now has over 3.2 billion daily active users. WhatsApp alone has more than 100 million monthly users. Meta is using AI to make the user experience better.
It wants to be a leader in AI chatbots. Meta’s new products are doing well too. The Ray-Ban Meta Glasses and Quest 3 helped the Reality Labs division make 27.8% more money than last year.
The company has strong finances. Net income went up 73% to over $13 million. It also made $10.9 billion in free cash flow.
This means Meta can invest in AI and give back to shareholders. For the next quarter, Meta expects revenue to be between $38.5 billion and $41 billion. As the company keeps up with changes in tech, its focus on AI and strong money management show it could grow a lot in the future.
NVIDIA Corporation is one of the best tech stocks to buy and hold for a long time. The company makes computer chips called GPUs. These chips were first used for video games.
But now they are very important for training AI models. This has helped NVIDIA make a lot more money. In the first quarter of 2025, NVIDIA’s revenue jumped 262% from last year to $26 billion.
The Data Center part of the business did really well. It grew 427% to $22.6 billion. Profits also went up a lot.
Net income for the quarter was 628% higher than last year. NVIDIA thinks it will make $28 billion in revenue next quarter. Over the past 5 years, the company has grown a ton.
Revenue is up 49% and profits rose 67%.
meta’s ongoing financial performance
It also has a lot more cash.
Earnings are expected to grow 92% this year to $0.71. Experts say NVIDIA stock could go up 15% in the next 12 months. One investment fund pointed out that NVIDIA is a big leader in AI.
But they also said it can be hard to know if fast-growing AI companies will do well far into the future. They like to invest in older companies that have shown they can grow and make money over time. Overall, NVIDIA is still one of the top tech stocks to buy and hold.
AI stocks in general might give higher returns faster. But NVIDIA is a solid long-term bet. The stock market has done very well this year.
But there are even better opportunities if you plan to hold stocks for a long time. Two great options are Meta Platforms and Spotify Technology. Meta Platforms runs Facebook and Instagram.
The company spends a lot on its Metaverse project. But it is still really good at making money. In the past 12 months, Meta made $50 billion in free cash flow.
That puts it up there with the best companies in any industry. Meta is using its cash wisely. This year, it started paying a regular dividend to shareholders for the first time.
Experts think Meta’s sales will go up 20% this year and another 13% in 2025. As the company makes more money, it can keep paying bigger dividends. This makes Meta a good stock to hold for many years.
Spotify Technology has the biggest audio streaming platform in the world. The company’s stock price has gone up a whopping 339% since the start of 2023. Spotify has been able to grow its revenue while also cutting costs.
In the past 12 months, revenue rose from $13.6 billion to $15.7 billion. To save money, Spotify has laid off some workers, spent less on marketing, and stopped some content projects. These changes helped the company go from losing nearly $800 million a year ago to making a $500 million profit.
Most of Spotify’s money (90%) comes from paid subscribers. The other 10% is from ads. Spotify now has over 600 million listeners and almost 250 million subscribers.
It is a top player in the audio streaming space. Investors looking for a tech stock that could grow a lot in the long run should consider Spotify. In conclusion, both Meta Platforms and Spotify Technology are promising long-term investments.
Meta makes a ton of cash and invests in growth wisely. Meanwhile, Spotify combines revenue growth with cost-cutting in an effective way. Holding these two stocks for the next decade could turn out to be a very smart move.
- Yahoo.”Meta Platforms, Inc. (META): A Good Technology Stock To Buy For Long Term”.
- Yahoo.”NVIDIA Corporation (NVDA): A Good Technology Stock To Buy For Long Term”.
- Fool.”2 Tech Stocks You Can Buy and Hold for the Next Decade”.