Jim Cramer Discusses These 7 Stocks & Is Sick And Tired Of Negativity

2. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders In Q4 2024: 262

Meta Platforms, Inc. (NASDAQ:META) is the largest social media company in the world. It has also been a strong performer amidst its mega-cap stock peers. Meta Platforms, Inc. (NASDAQ:META)’s shares 22.9% between January to March on the back of consecutive daily gains. However, more recently, recessionary worries have affected the stock. In his previous comments, Cramer praised the firm’s cost-cutting efforts and pointed out its AI monetization potential. Here are his latest remarks about Meta Platforms, Inc. (NASDAQ:META):

“Right now I think that Meta is way undervalued. That stock is going down, down, down. Because people are worried about the advertising model. Because in a recession you get less advertising. I think you just buy the stock.”