Meta Platforms, Inc. (META)’s Shares Have Gained A Modest 8% Since Jim Cramer Called A Seller “Chowderhead”

We recently published Jim Cramer’s 20 Bold AI Predictions – See How They Played Out! Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer recently discussed.

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Meta Platforms, Inc. (NASDAQ:META) is a key player in the AI industry due to the billions of dollars that it is spending on data center capital expenditure. The shares have gained 25.8% year-to-date and are up by 8% since Cramer’s comments in February. Meta Platforms, Inc. (NASDAQ:META)’s stock is the rare one on our list that escaped January’s DeepSeek selloff unscathed. However, the shares did lose 13.6% in April during the Liberation Day selloff. However, April proved to be a tumultuous month for Meta Platforms, Inc. (NASDAQ:META)’s shares as they dropped by 17% after CEO Mark Zuckerberg signaled that the investors might have to deal with short-term costs for long-term AI returns. In July, the stock gained 11% after the firm revealed that its AI tools were helping to drive advertisement revenue growth.  Here is what Cramer said about Meta Platforms, Inc. (NASDAQ:META) in February:

“Meta was down sixteen points this morning. Someone was selling it. Now normally I would have called that guy a chowderhead. I’m just saying was ill informed. That was just really an incredibly poor sale because it didn’t make any sense at all. They didn’t have exposure. And yet the person sold it down sixteen. I don’t understand that. Why sell it down sixteen? What was he thinking? Or she thinking?

“I don’t want to buy anything up, today, but I think that down sixteen was someone who just panicked. And you never make any money panicking. And that person is saying, wow, I hope no one knows that I did this because I feel really stupid. . .that person was very ill informed and I don’t get that.”

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