The short version

Jim Cramer predicted on October 27, 2022: “Meta is no longer investable. ... I trusted this management team. That was ill-advised.” Verdict: Missed it. Cramer declared Meta uninvestable at ~$97/share in Oct 2022. Stock then ran from ~$90 to over $700 by 2024 — one of the great recoveries of the decade. Inverse-Cramer at its purest.

Prediction by

Jim Cramer

On October 27, 2022

“Meta is no longer investable. ... I trusted this management team. That was ill-advised.”

Follow-up

Cramer declared Meta uninvestable at ~$97/share in Oct 2022. Stock then ran from ~$90 to over $700 by 2024 — one of the great recoveries of the decade. Inverse-Cramer at its purest.

From the High Caliber AI network — see the AI for PR module in the course.