Meta (META)’s “Still A Good Buy,” Says Jim Cramer

We recently published 11 Latest Stocks Jim Cramer Talked About. Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer recently discussed.

Meta Platforms, Inc. (NASDAQ:META)’s latest earnings report saw its shares fall as investors were worried about the firm’s plans to increase capital spending in 2026. However, Cramer went against the broader sentiment and discussed CEO Mark Zuckerberg’s potential strategy in detail. The CNBC TV host posited that the Meta Platforms, Inc. (NASDAQ:META) CEO might be trying to ensure that his firm’s social media moat is fortified against any attempts of encroachment from OpenAI. He also outlined that he had bought the shares for his trust around the time of Meta Platforms, Inc. (NASDAQ:META)’s IPO, and despite recent jitters, he remained a believer in the firm. This time, he briefly commented on the firm in the context of big tech’s AI capital expenditures and defended Meta Platforms, Inc. (NASDAQ:META)’s spending, along with recommending the stock:

Photo by Timothy Hales Bennett on Unsplash

“Last week there was a kind of a revulsion towards the companies that are spending too much on capex. With Meta, I think Meta does have to spend all that, still a good buy.”

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.