Jim Cramer: Facebook Selloff a Buying Opportunity

Investors need not panic over Facebook's post-earnings selloff, instead they should wait for an opportunity to step in and add to their positions, says Jim Cramer.
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Investors need not panic over Facebook's (FB) - Get Report post-earnings selloff, instead they should wait for an opportunity to step in and add to their positions, says TheStreet's Jim Cramer. Facebook's third quarter revenue soared 56% to $7 billion and its quarterly profit nearly tripled to $2.38 billion but the growth forecast wasn't enough for Wall Street. Facebook saw growth and higher profit, especially from mobile ads. But the social network warned that growth will slow and that is sending shares lower Thursday.