We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer recently discussed.
Meta Platforms, Inc. (NASDAQ:META) continues to be a frequent feature of Cramer’s morning show after its latest earnings results sent the shares down as investors worried about aggressive capital spending. Cramer believes that the worries are overlooking the fact that Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg is positioning himself to fend off threats from OpenAI. In this appearance, he reasserted his faith in Zuckerberg and shared that you don’t bet against the Meta Platforms, Inc. (NASDAQ:META) CEO:
Photo by Timothy Hales Bennett on Unsplash
“Well I continue to believe that Zuckerberg is the master chess player. He goes out there and he says listen we’re going to spend this, the OpenAI, government backstop. No government backstop. He’s trying to figure out whether to go after social, whether Azure, I think he’s saying, you know what, I’d rather go after YouTube. You don’t go after this guy, this guy is playing with, he’s not playing for dinner!”
While we acknowledge the potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.