17 Best Stocks for Kids According to Jim Cramer

6. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 235

Cramer mentioned that Meta Platforms, Inc. (NASDAQ:META), formerly Facebook, Inc., stayed relevant with teenagers and penetrated the lives of its users.

“At the same time, you also want to give your kids something with a little more juice like the great growth stocks of an era. I mean, I’m talking about the, the Apples, the, the NVIDIAs, the Teslas, the Metas…My kids were on Facebook earlier. My youngest got sick of Facebook early on probably because I got on it. But then she went on to Instagram, which Facebook cleverly acquired and then kept as something separate. So you really didn’t know it was part of something that older people had discovered.

I didn’t think the ads worked until we were inundated with Red Hot Chili Pepper merchandise bought on a click for something that, as my daughter said, wasn’t an ad, just a link… But it seems that only Mark Zuckerberg has the forethought to care about the user experience to such an extent that it works. Because the ads actually make sense, you do wanna click on them.”

Meta (NASDAQ:META) develops products that enable global connections through apps like Facebook, Instagram, Messenger, and WhatsApp, as well as augmented and virtual reality hardware, software, and content.