Cramer Exudes Vindication For Meta 'Hold' Tip After Montana's 'Bonanza' TikTok Ban: 'That Day Has Come'
Portfolio Pulse from Shanthi Rexaline
CNBC Mad Money host Jim Cramer believes Meta Platforms (META) will benefit from Montana's decision to ban TikTok, as it could boost engagement on Meta's Reels feature. Alphabet (GOOGL, GOOG) also has a TikTok copycat, YouTube Shorts.
May 18, 2023 | 12:44 pm
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Alphabet may also benefit from Montana's TikTok ban, as it could drive more engagement to its YouTube Shorts feature.
As TikTok is banned in Montana, users may seek alternative platforms for short-video content, such as Alphabet's YouTube Shorts. This could increase engagement on Alphabet's platform, potentially benefiting the company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Alphabet may also benefit from Montana's TikTok ban, as it could drive more engagement to its YouTube Shorts feature.
As TikTok is banned in Montana, users may seek alternative platforms for short-video content, such as Alphabet's YouTube Shorts. This could increase engagement on Alphabet's platform, potentially benefiting the company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Meta Platforms may benefit from Montana's TikTok ban, potentially increasing engagement on its Reels feature.
With TikTok banned in Montana, users may turn to alternative platforms like Meta's Reels for short-video content. This could increase engagement on Meta's platform, potentially benefiting the company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100