Facebook's Original Content Plans Is Another Reason to Own It, Jim Cramer Says
Facebook is reportedly ramping up its original content spending.
Amid a report in The Wall Street Journalabout Facebook's (FB) - Get Report plans to spend some $1 billion on original content, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said this is another reason to own the stock.
"It remains a core position for Action Alerts PLUS," Cramer said.
Facebook shares are up 51% since the start of the year.
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