NEW YORK (TheStreet) --Facebook (FB) - Get Report has failed to accurately report advertisement information on its videos, according to the Wall Street Journal.

Following today's Journal reortLebenthal Asset Management CEO Jim Lebenthal discussed any potential negative impact it may have on the stock during Friday's "Fast Money Halftime Report" on CNBC.

"Regarding the news that's come out today, I think this passes in a day or two, and the one and a half billion users are what advertisers are going to focus on," Lebenthal said.

Lebenthal is not in the name, however he does believe it has potential as a growth stock.

"I'm a value investor, I'm looking at price to earnings, multiples vs. growth and this one just doesn't hit my screen. Having said that, I respect growth investors and I can clearly say that this is a great growth stock. It is attractively priced," he explained.

Shares of Facebook were lower during mid-afternoon trading on Friday. 

(Facebookis held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holding with a free trialhere.)

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "buy" with a ratings score of A-.


The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

You can view the full analysis from the report here: FB

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