Jim Cramer’s Game Plan: Top 14 Stocks to Watch

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

Number of Hedge Fund Holders: 235

Cramer posited that Meta Platforms, Inc. (NASDAQ:META) will reveal “visceral, raw dominance” when it reports its fourth quarter and full year 2024 results on January 29.

“The second wild card, Meta Platforms. I think the company will talk about dominance, visceral, raw dominance, both on the top and the bottom line. Lookout, TikTok, you think you’re so darn hot, but Mark the Hunter Zuckerberg has you in his sights. I for one am glad that Zuckerberg’s an American.”

Meta (NASDAQ:META), a worldwide leader in digital connectivity, has established itself as a key influence in shaping the way people communicate and share information online. The company set expectations for its fourth-quarter 2024 total revenue to fall between $45 billion and $48 billion. According to management, two main factors contribute to the company’s revenue performance: its capacity to provide engaging experiences for users and its ability to effectively monetize that engagement over time.

In terms of future growth, Meta (NASDAQ:META) is focusing heavily on generative AI. The company plans to significantly scale its infrastructure capacity while also prioritizing its fungibility. The company expects its capital expenditures for 2024 to range from $38 billion to $40 billion, slightly adjusted from the prior range. The company anticipates continued growth in capital expenditures in 2025.