5 Best Jim Cramer Stocks To Buy Now

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

Number of Hedge Fund Holders: 234

In February this year, Jim Cramer said that despite problems he stuck with Meta Platforms, Inc. (NASDAQ:META) and then ChatGPT came which was a game changer and boosted the company stock amid the AI rally that ensued. Meta Platforms, Inc. (NASDAQ:META) has gained about 160% year to date through December 4.

As of the end of the third quarter of 2023, 234 hedge funds reported owning stakes in Meta Platforms, Inc. (NASDAQ:META). The biggest stakeholder of Meta Platforms, Inc. (NASDAQ:META) was Rajiv Jain’s GQG Partners which owns a $3.3 billion stake in the company.