Reels, ads, and cost-cutting boost Meta stock to 17-month high. How the pros are playing it

Jim Cramer, Brad Erickson of RBC Capital Markets, Barton Crockett of Rosenblatt Securities, Ron Josey of Citi, Rob Sechan of NewEdge Wealth, Josh Brown of Ritholtz Wealth Management and Karen Firestone of Aureus Asset Management discussed Meta after the company beat 2Q earnings and revenue estimates, and the stock hit levels not seen since early 2022.