Jim Cramer’s Bold Predictions About These 10 Tech Stocks

3. Meta Platforms, Inc (NASDAQ:META)

Number of Hedge Fund Holders In Q3 2024: 235

Date of Cramer’s Comments: 09-04-24

Performance Since Then: 34%

Meta Platforms, Inc (NASDAQ:META) is the world’s most valuable social media company. The firm is also a key player in the AI race because of its foundational AI model Llama and its ability to target advertisers and users with AI products through Facebook and Instagram. Since Cramer’s remarks, Meta Platforms, Inc (NASDAQ:META)’s shares have gained 34%. A large portion of the gains are due to the stock’s strong performance in 2025. The momentum built ahead of Meta Platforms, Inc (NASDAQ:META)’s fourth-quarter earnings as investors expected strong performance due to cost-cutting initiatives. The firm didn’t disappoint as its $8.02 EPS handily beat analyst estimates of $6.75 to send the stock up 1.6%. Here’s what Cramer said in September:

“You’re going to hold Meta because it’s not expensive, believe it or not. It’s probably the least expensive of the mega caps, especially after what happened with Alphabet. Here’s what I would say: if it went down, let’s say 100 points, you should buy another 25 shares. I’m not advocating selling it right here because there’s too much in the pipeline that could be very good. We’re on a down day, and a lot of people freak out on down days. So, stay the course.”