Jim Cramer predicts Meta’s pending power deal with Entergy could boost its stock by 100 points despite recent declines.
Jim Cramer stated Meta Platforms (NASDAQ:META) could gain 100 points from a pending deal to sell excess computing power to Entergy. The stock has fallen 16.3% over the past year and 7.3% year-to-date amid broader AI chip market volatility.
Meta’s shares dropped 1.6% since reports of the deal emerged, though details remain unconfirmed by the company. Cramer cited the arrangement as a key monetization opportunity for Meta’s substantial infrastructure spending.
The Madison Large Cap Fund initiated a position in META during Q1 2026, highlighting its dominance in social media and AI infrastructure.