Jim Cramer on Snap: “The Company Has Now Cemented Itself as a Disappointment”
Key takeaways
- Jim Cramer on Snap: “The Company Has Now Cemented Itself as a Disappointment” Syeda Seirut Javed Fri, June 19, 2026 at 8:35 PM GMT+7 2 min read SNAP META SPCX Snap Inc.
- Well, I think that the company has now cemented itself as a disappointment, no matter what they do.
- (NYSE:SNAP) is a technology company that provides the visual messaging application Snapchat and augmented reality glasses.
Jim Cramer on Snap: “The Company Has Now Cemented Itself as a Disappointment” Syeda Seirut Javed Fri, June 19, 2026 at 8:35 PM GMT+7 2 min read SNAP META SPCX Snap Inc. (NYSE:SNAP) was among the stocks on which Jim Cramer commented, as he emphasized that Space X investors are betting on Elon Musk rather than the company’s earnings. When a caller asked about the company, Cramer stated:
Well, I think that the company has now cemented itself as a disappointment, no matter what they do. And I know that’s probably cruel, probably not fair. I watched the segment that was on today on CNBC. Seemed interesting, but you know what? They do not have credibility on the Street. And I am a big believer in that. I happen to have Metas goggles, glasses. I have all of them. I’ve got the ones that are sunglasses, but also the ones that are regular. And I like Meta, and I think META is the one to buy, not SNAP.
Snap Inc. (NYSE:SNAP) is a technology company that provides the visual messaging application Snapchat and augmented reality glasses. The company also offers a subscription service for exclusive features and a suite of advertising products. During the April 28 episode, a caller mentioned that they’ve held the stock since 2022 and asked for Cramer’s thoughts. He responded: