Jim Cramer Says His Trust Sold Some Meta Platforms (META) Shares Amid Latest Bull Run
Jim Cramer's charitable trust sold some Meta Platforms, Inc. (NASDAQ:META) shares amid the latest bull run due to the stock's rapid growth, despite concerns over higher expenses and potential ad pricing slowdowns in the future. The trust still maintains ownership of the stock, and Cramer believes its long-term value lies in AI-driven growth. The charity trust's trimmed position reflects a cautious approach to navigating market volatility.
- This move by Cramer highlights the need for investors to balance short-term gains with long-term fundamentals when making investment decisions, particularly in highly volatile markets.
- What strategies would you recommend for investors looking to capitalize on Meta's potential AI-driven growth while mitigating risks associated with the current bull run?