Meta Platforms, Inc. (NASDAQ:META) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. Cramer highlighted the company’s spending on talent, as he remarked:

The next two companies need to worry about keeping their trillionaire status and staying in the top 10. There’s Meta Platforms and Berkshire Hathaway. Now, we just aren’t sure Meta is doing beyond, what it’s doing beyond Facebook, Instagram, eyeglasses, AI, WhatsApp. Now, that’s actually a pretty powerful suite of products, not saying that, but the company has not excelled in a visible way, at least not in a way that makes Meta seem like it’s printing money the way it used to. We know they’re spending on a lot of talent. We know that they’ve been able to pull multiple rabbits out of multiple hats, but we’re in a ‘what have you done for lately’ business, and the answer here is nada.

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.

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