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JAN 31, 2013 - TheStreet

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Cramer: I Couldn't Recommend Facebook's Stock

NEW YORK (TheStreet) -- Lindsey Bell: Facebook reported earnings last night. They beat the quarter and mobile revenue, which a lot of analysts look at, surged. Jim, the stock is down about 5% today. What's going on? Jim Cramer: OK. Well, first, some people were disappointed in the earnings, which are so-called down. I mean, I think, like Amazon, they could show much better earnings but they're spending a fortune. CEO Mark Zuckerberg said it all when he started out by saying, "Listen, we're not about the near term." So, immediately you take out all the people who thought it was about 2013. ... Read More

Tags: Cramer: I Couldn't Recommend Facebook's Stock,  Facebook Latest News