Jim Cramer Says Meta Platforms, Inc. (META) Was Such a 'Tour De Force'

We recently published an article titled Jim Cramer Says AI Is Back & Discusses These 10 Stocks. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other stocks.

In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commented on how market sentiment towards AI appeared to be changing. "Yeah look, this is a moment where, if you have AI, we are now saying it's good," he said. "Remember we were sick of AI for a while and now AI's back," Cramer added.

He also commented on the current tensions between the US and China regarding AI and overall trade. The US has restricted sales of advanced AI chips to China, and to Cramer, the current environment "feels so much like Russia and United States from the Khrushchev time on, it really does." He added that US technology was superior to the Chinese, and when co-host David Faber pointed out that China was pushing out a lot of STEM graduates, Cramer replied: "We're four times smarter than they are. Our schools. Four times better."

The US AI chip sanctions have included restricting all but 18 countries from being able to acquire the latest AI chips. The laws were introduced under the Biden administration and Cramer's been their critic. When Faber asked him to explain the rules, called 'Diffusion Rules,' Cramer outlined:

"Okay so Biden picked 18 friends. 18 friendly nations that were allowed to get all the chips that they . . and then there was the next group, which was the not so friendly, which when look at, is a lot of EU countries which I always thought were friendly because of NATO, that kind of thing. . .Iceland, Mexico, not in there. And then there's just the enemies list."

Cramer added rather cryptically: "And some people now feel that they're going to offer licensing for a country which would really be bad. Worse than what Biden did."

He added:

"No they have got to get that changed because. . .if you go check, Jensen Huang did this . . .he did this huge tour, all around the world, to all these countries that are basically going to be denied and that are not friendly."

As for the impact of tariffs on economic growth, Cramer believes: "Well, we gotta see, this next quarter is the quarter where, everyone is so concerned."

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on May 1st.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders In Q4 2024: 262

Meta Platforms, Inc. (NASDAQ:META) is a frequent feature of Cramer's morning show. Over the course of the year, he has attributed share price strength to the firm's cost-cutting efforts and linked weakness to economic concerns that drive down advertisement spending. More recently, Cramer has also wondered whether tariffs on Chinese goods will lead to lower Chinese advertisement spending on Meta Platforms, Inc. (NASDAQ:META)'s social media platforms. Here are his recent thoughts:

"Look, Meta was such a tour de force, that I found myself thinking, if I could start a business I'd like to send a check to Zuckerberg and he would target the people I need to find. I mean this was a call where they actually just said basically Procter & Gamble, what are you doing? McDonald's, stop. I mean he was saying that advertisers, if you put money into linear TV, you're just trying to reach the septuagenarian crowd or octogenarian crowd. Come join us. It was just, it was so good. Still they're losing more than $4 billion in Reality Labs, but that's some sort of what, is that Area 51 or something?"

"And they're, both Microsoft and Meta have one single problem that the liars who used, who come on air all the time, maybe they'll realize they're lying, maybe they're just brainwashed. These guys all need more NVIDIA, They all need more data center. I mean that was the theme. I thought the theme was there's too much NVIDIA and there's too much data center. David, there was a false narrative that started ever since. . . the DeepSeek Sputnik. And now you have Jensen Huang, explaining to President Trump, how you have to be able to have more countries and we don't know whether he's going to win."

"Three billion people use it [WhatsApp] for business, in lesser developed countries."

"Not as much [WhatsApp US market penetration] but I think it's gonna, I've got to tell you, the dominance of it overseas is rather extraordinary and I think, I'm glad he said that because I think most people don't. . .like when I met him he said where's your WhatsApp, I said what's that, what's app, he said no WhatsApp, that's how we communicate. And you put your face in it and stuff."

"How was the call, how did you like the call, where he's just basically saying that we can target anybody. Like you can target, I mean if you have a, like my daughter's had a potato chip company, she needs to target people who like potato chips that are curly. I think he'd do it."

Overall META ranks 2nd on our list of the stocks Jim Cramer recently discussed. 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 doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than META but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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