During his April Action Alerts PLUS members' call, Jim Cramer talked about Facebook (FB) , CEO Mark Zuckerberg's two-day testimony before Congress and how he is now concerned about the stock.

"There is now higher degree of concern...because Facebook is one more Cambridge Analytica away from being regulated," he said, referring to the data company that inappropriately used the personal information of 87 million users.

Facebook, an AAP portfolio holding, is part of the FAANG stocks, which Cramer coined about six years ago now. Those stocks -- Facebook, Amazon (AMZN) , Apple (AAPL) , Netflix (NFLX) and Google (GOOG) -- and have gotten too big too fast, he says.

So watch the video above for more on all of this.

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