Skip to main content
Publish date:

Why Jim Cramer Is Cautious on Facebook Shares Ahead of Quarterly Report

Jim Cramer says Facebook shares may be vulnerable following the quarterly report due to be released after the closing bell on Wednesday.
Author:

Jim Cramer says Facebook (FB) - Get Facebook, Inc. Class A Report shares may be vulnerable following the quarterly report due to be released after the closing bell on Wednesday. Cramer said, "Facebook's stock has run, and any stock that has run is vulnerable."

Cramer pointed to Alphabet (GOOGL) - Get Alphabet Inc. Class A Report , which reported "a really good quarter," but because the shares had moved higher, investors found things in the report that they didn't like.

Cramer said what he's finding is that investors should sit tight and the shares will come back -- barring presidential intervention. 

TheStreet Recommends