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Jim Cramer Selects Meta Platforms and Microsoft as Top AI Picks

Quartz ·

MSFT Microsoft Corp
$529.30 +0.78%
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  1. 1Jim Cramer named Meta Platforms and Microsoft as top picks, stating that existing tech companies represent the strongest opportunities in the AI investment cycle.
  2. 2Meta Platforms, with shares trading at $738, is expected to monetize AI spending through Muse under CEO Mark Zuckerberg.
  3. 3Microsoft shares at $529 hit a 52-week low of $350 in June, but a hold is maintained due to confidence in CEO Satya Nadella and CFO Amy Hood.

So what's the key point?

Jim Cramer chose Meta Platforms and Microsoft as the most promising companies in the AI field. Meta Platforms is expected to make money from AI, and Microsoft is worth holding due to confidence in its management.

Source Quartz · View original ↗

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