Overview
- Jim Cramer told a caller he expects Meta to post a “terrific” quarter and Microsoft a “great” quarter, describing them as “two techs” that belong together.
- He said he is willing to “bless” owning both into earnings as investors grapple with concentrated exposure to mega-cap technology stocks.
- Cramer also issued short-term views on other holdings, citing strong margins at Valero, projecting AbbVie to reach 250, and saying Walmart goes back to 110.
- The remarks were reported by Insider Monkey and republished by Yahoo Finance with a stated disclosure of “None.”
- Cramer’s comments arrive as Meta heads into scheduled Q3 results, following recent bullish research that highlights AI-driven ad improvements and ongoing AI investment, including a Monness Buy rating with an $860 target.