Meta Platforms, Inc. (NASDAQ: META) remains one of Jim Cramer’s favored holdings despite the stock facing notable headwinds throughout 2026.
Shares of the social media giant are down 16.3% over the past year and 7.3% year-to-date, making it one of the more bruising positions among Cramer’s recommended stocks.
The company has recently drawn attention over reports that it plans to sell excess computing capacity, a move that has generated significant buzz across financial media.
Cramer has been vocal in his enthusiasm for the deal, going so far as to predict it would add a hundred points to Meta’s share price.
During a Squawk on the Street appearance, Cramer made his case directly: “They have an incredible deal with Entergy, for power. I said last night on the show, if they do this, it’s going to be worth a hundred points. And it will be.”
He continued: “They hadn’t confirmed it yet. It’ll be worth a hundred points. Because finally, Carl, they’re spending a fortune and they’re going to be able to monetize it.”
Despite Cramer’s bullishness, the stock has actually declined 1.6% since news of the deal first emerged, with Meta itself yet to officially confirm the arrangement.
Both Cramer and Bloomberg News have reported details of the deal, though the company has not issued any formal statement to verify the reports.
Madison Large Cap Fund initiated a position in Meta during the first quarter of 2026, citing the company’s dominance across Facebook, Instagram, and WhatsApp as a core part of the investment thesis.
In its Q1 2026 investor letter, Madison Large Cap Fund noted: “We believe revenue growth will remain strong as its user count grows and monetization of its apps improves.”
The fund also highlighted Meta’s artificial intelligence push, stating that the company “is investing heavily in AI and seeing real benefits in the personalization and efficacy of ads in its social network.”
Madison further pointed to WhatsApp as an emerging revenue driver, noting the messaging platform “is finally starting to commercialize its business after many years of focusing on acquiring users.”
On the subject of rising capital expenditure, which has been a concern for many investors, Madison expressed confidence that “management will remain prudent in managing spending over the long term.”
The convergence of AI investment, computing monetization, and advertising strength continues to make Meta a stock that commands attention from both television personalities and institutional fund managers alike.
