Meta Platforms, Inc. (NASDAQ:META) was among the stocks Jim Cramer highlighted, along with his latest game plan as the oil-shock-driven sell-off continues. Cramer highlighted the company’s legal battles, as he remarked:

I did it again with Meta. I made a real study of what happens to companies and their stocks when they lose court cases, especially when a jury decides they’ve done something pernicious… negative, sometimes deadly impact. I think that, as tragic as these cases are that they lost, they ultimately won’t impact Meta’s earnings per share or the way they operate. The operative word in the sentence is ultimately, though, because in the interim, this stock has lost tens of billions of dollars for that one court case. I misjudged the impact of people saying that social media is the new tobacco, a point that I think will be addressed at the appellate level and then turned around. But that takes a long time. In the interim, you lose money.

Photo by Alexander Shatov on Unsplash

Meta Platforms, Inc. (NASDAQ:META) develops technologies and applications that connect people through social networking and messaging. The company’s portfolio includes Facebook, Instagram, WhatsApp, Messenger, Threads, and virtual and augmented reality products. We recently discussed the company while covering Abrams Capital Management’s portfolio. You can read more about it here.

While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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