Paul Harris, a Toronto-based money manager, invests in companies with strong operating margins and return on capital. He has recently purchased Meta Platforms Inc. and Nvidia Corp., citing their strong performance in AI and social media. Harris believes Meta's investment in AI mitigates the risk of CEO Mark Zuckerberg overspending, while Nvidia's dominance in the chip market and R&D spending make it a solid investment.
Paul Harris, a Toronto-based money manager, has recently made strategic investments in Meta Platforms Inc. and Nvidia Corp., highlighting their strong performance in AI and social media. Harris believes that Meta's investment in AI mitigates the risk of CEO Mark Zuckerberg overspending, while Nvidia's dominance in the chip market and R&D spending make it a solid investment.
Meta Platforms Inc. (NASDAQ: META) has been a focus of attention due to its robust performance in the AI sector. The company has seen a significant increase in its stock price, with analysts setting new price targets. For instance, Moffett Nathanson increased their price objective from $525.00 to $605.00, giving the company a "buy" rating [1]. Additionally, the company's quarterly earnings report showed a strong performance, with earnings per share of $7.14, exceeding analysts' estimates by $1.39 [2]. Meta's AI investments, such as its stablecoin project, have been a significant driver of its growth.
Nvidia Corp. (NASDAQ: NVDA), on the other hand, has been recognized for its dominance in the chip market and substantial R&D spending. The company has been a top pick for many analysts, with BofA naming it one of the "Top Picks" as hyperscalers boost AI capex [3]. Nvidia's strong performance in the AI sector is evident in its stock price, which has seen significant growth in recent months.
Both Meta Platforms Inc. and Nvidia Corp. have shown strong performance in their respective sectors, making them attractive investments for Paul Harris. Harris's focus on companies with strong operating margins and return on capital aligns well with these companies' financial performance.
References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/META-Q/
[2] https://www.marketbeat.com/instant-alerts/filing-meta-platforms-inc-nasdaqmeta-shares-bought-by-king-luther-capital-management-corp-2025-08-14/
[3] https://www.theglobeandmail.com/investing/markets/stocks/META-Q/
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