We recently shared Jim Cramer Rules Out Circular AI Offerings and Comments on These 18 Stocks. Meta Platforms, Inc. (NASDAQ:META) is one of the stocks analyzed by Jim Cramer.
Social media giant Meta Platforms, Inc. (NASDAQ:META) is one of Cramer’s top stocks when it comes to bucking the narrative. While the company has come under pressure over its multibillion-dollar capital spending plans, the CNBC TV host has regularly defended it by commenting that it needs to spend to protect its OpenAI industrial moat. Deutsche Bank also discussed Meta Platforms, Inc. (NASDAQ:META) stock on April 16. He reiterated a Buy rating and $920 price target on the company’s shares and noted that the company’s AI investments will help bolster its core advertising business. Cramer has also praised Meta Platforms, Inc.’s (NASDAQ:META) smart glasses on multiple occasions and, like Deutsche, has also praised the impact of AI on its advertising business. In this appearance, he once again went against the grain when it came to big spending on AI talent:
“And he’s so good that he brought in all this A talent, now we’re starting to see that talent produce. Remember everyone says he paid too much for people, that’s wrong… he’s a talent evaluator.”
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While we recognize META’s potential as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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