Cramer upgrades Meta and Microsoft amid selloff

Stocks slid Thursday as Meta plunged about 12% and Microsoft fell more than 3% despite solid results and higher spending plans. Jim Cramer called Meta’s drop a buy and the CNBC Investing Club lifted both Meta and Microsoft to its top 1 rating. He applauded the Federal Reserve’s quarter-point cut and Powell’s restraint on December guidance, noting housing stocks were doing better, citing Home Depot. Starbucks ticked higher after reporting positive same‑store sales last month and momentum into October; CEO Brian Niccol said the turnaround is ahead of schedule. Amazon and Apple report after the close.

Reviewed by JQJO team

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