Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks 

12. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holdings in Q1 2026: 262

Meta Platforms, Inc. (NASDAQ:META) is one of Jim Cramer’s favorite stocks that has struggled in 2026. Its shares are down by 16.3% over the past year and by 7.3% year-to-date. The firm has been in the news lately due to its decision to sell excess computing. Cramer has been quite optimistic about the deal, and he went as far as to suggest that it would add a hundred points to Meta Platforms, Inc. (NASDAQ:META)’s shares. However, the stock is down by 1.6% since news of the deal broke. Cramer and Bloomberg News have reported the details while the firm is yet to confirm them. In his Squawk on the Street appearance, Cramer asserted that the deal will be worth a hundred points:

“They have an incredible deal with Entergy, for power. I said last night on the show, if they do this, it’s going to be worth a hundred points. And it will be. They hadn’t confirmed it yet. It’ll be worth a hundred points. Because finally, Carl, they’re spending a fortune and they’re going to be able to monetize it.”

Madison Large Cap Fund discussed Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter:

“During the quarter, we initiated positions in Meta Platforms, Inc. (NASDAQ:META) and Salesforce.com. The second new investment was in Meta Platforms, which owns three dominant, global social network and communications apps in Facebook, Instagram, and WhatsApp. We believe revenue growth will remain strong as its user count grows and monetization of its apps improves. Meta is investing heavily in AI and seeing real benefits in the personalization and efficacy of ads in its social network. Additionally, WhatsApp is finally starting to commercialize its business after many years of focusing on acquiring users. Investors are concerned about increasing capital expenditures, but we believe much of it will garner strong returns, and management will remain prudent in managing spending over the long term.”