Cramer Backs Meta, Microsoft for AI Gains as Shares Climb to $738 and $529
Updated
Updated · CNBC · Oct 6
Cramer Backs Meta, Microsoft for AI Gains as Shares Climb to $738 and $529
3 articles · Updated · CNBC · Oct 6
Summary
Meta and Microsoft topped Jim Cramer’s latest AI picks, with the CNBC host arguing established tech leaders offer the best risk-adjusted way to play the boom.
Higher interest rates are central to that view: Cramer said AI remains one of the few areas still capable of delivering strong growth while much of the S&P 500 offers limited upside.
Meta now trades around $738 after a shaky start to 2026, and Cramer said he trusted Mark Zuckerberg’s team to turn heavy AI spending into revenue, including through Muse.
Microsoft has rebounded to about $529 from a 52-week low of $350 in June, helped by rising confidence in Copilot and an Azure report in late July that beat Wall Street expectations.
Cramer also highlighted AMD, Intel, Marvell, CrowdStrike and Palo Alto Networks, while warning AI enthusiasm can still run too hot and saying diversification remains essential.