I Don't Like to Bet Against Meta (META) CEO Mark Zuckerberg, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed.  Meta Platforms, Inc. (NASDAQ:META) is one of the stocks on Jim Cramer discussed.

Meta Platforms, Inc. (NASDAQ:META)’s shares are up by 10.7% year-to-date after having dipped by 11% in late October. The stock had its worst day in three years after the firm released its fiscal third-quarter earnings report. While the results saw Meta Platforms, Inc. (NASDAQ:META)’s $51.24 billion in revenue and $7.25 in earnings per share beat analyst estimates, investors were caught off guard by the firm’s capital expenditure guidance. As part of the earnings, management outlined that the firm would spend between $70 billion and $72 billion in 2025, the low end of which was higher than the previous guidance of $66 billion. Cramer had defended the stock after the earnings as he asserted that Meta Platforms, Inc. (NASDAQ:META) was positioning itself to protect against OpenAI’s potential entry into the social media ecosystem. On December 19th, Wedbush cut the firm’s share price target to $880 from $920 and kept an Outperform rating as it commented on margin contraction in 2026. For his part, Cramer continues to be an ardent believer in Meta Platforms, Inc. (NASDAQ:META)’s CEO, Mark Zuckerberg:

“I think they can tackle all comers. I think that if you look at Meta, a lot of people feel that Mark Zuckerberg’s fallen behind. I never like to bet against him.”

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.