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Facebook Needs People to Vet Advertisements, Jim Cramer Says

Facebook is grappling with its fake ad controversy, but the stock is still up 50% since the start of the year.

Amid the controversy surrounding the Facebook (FB) - Get Facebook, Inc. Class A Report fake ad issue, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the social media giant need more people, not just machines, to vet its ads.

Hiring people costs money, but Cramer doesn't expect it to have a material impact on gross margins.

Facebook is a holding of Action Alerts PLUS.

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