Jim Cramer Commented on 13 Stocks Like Meta and Yum! Brands

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6. Snap Inc. (NYSE:SNAP)

Snap Inc. (NYSE:SNAP) was among the stocks on which Jim Cramer commented, as he emphasized that SpaceX investors are betting on Elon Musk rather than the company’s earnings. When a caller asked about the company, Cramer stated:

Well, I think that the company has now cemented itself as a disappointment, no matter what they do. And I know that’s probably cruel, probably not fair. I watched the segment that was on today on CNBC. Seemed interesting, but you know what? They do not have credibility on the Street. And I am a big believer in that. I happen to have Metas goggles, glasses. I have all of them. I’ve got the ones that are sunglasses, but also the ones that are regular. And I like Meta, and I think META is the one to buy, not SNAP.

Snap Inc. (NYSE:SNAP) is a technology company that provides the visual messaging application Snapchat and augmented reality glasses. The company also offers a subscription service for exclusive features and a suite of advertising products. During the April 28 episode, a caller mentioned that they’ve held the stock since 2022 and asked for Cramer’s thoughts. He responded:

You know what? I’m a growth buyer, and this company does not have growth, and that’s why the stock has been so awful.

While we acknowledge the potential of SNAP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNAP and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see Jim Cramer Commented on 5 Stocks Like Vertiv and GE Aerospace.

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