Jim Cramer: Facebook Results Could be Hurt by Salary Spending
Jim Cramer isn't expecting a good quarter for Facebook, which reports earnings on Wednesday, after the closing bell.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer isn't expecting a good quarter for Facebook (FB) - Get Report , which reports earnings on Wednesday, after the closing bell. 'They're just going to try to do consistent growth and spend,' Cramer said, adding that the company is spending money on talent, just like Google, which is owned by Alphabet (GOOGL) - Get Report . Both stocks are holdings of Cramer's charitable trust, Action Alerts PLUS.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
