Core Viewpoint - Meta Platforms, Inc. (NASDAQ:META) is facing investor concerns regarding its increased capital spending plans for 2026, but Jim Cramer remains optimistic about the company's strategy and potential [2]. Group 1: Earnings Report and Investor Sentiment - The latest earnings report for Meta Platforms, Inc. led to a decline in its shares due to investor worries about capital expenditures [2]. - Cramer highlighted CEO Mark Zuckerberg's strategy to strengthen Meta's social media position against competition from OpenAI [2]. Group 2: Investment Perspective - Cramer mentioned that he purchased shares of Meta around the time of its IPO and continues to believe in the company's potential despite recent market reactions [2]. - He defended Meta's capital spending in the context of big tech's investments in AI, suggesting that it remains a good buy [3].
Meta (META)’s “Still A Good Buy,” Says Jim Cramer