Jim Cramer: Left’s Call on Facebook Is All About Valuation
Jim Cramer says Citron Research analyst Andrew Left's move to short Facebook is a valuation play.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Citron Research analyst Andrew Left's move to short Facebook (FB) - Get Report is a valuation play. 'On the 2017 and 2018 years, the stock is not expensive,' Cramer says. 'I know that Andrew is looking at it short-term.' Cramer likes Left's quality work and he said it's possible Left is calling for a top in Facebook, given how much the stock has run up. Cramer also points to the time when Left called a bottom on shares of LinkedIn (LNKD) .
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
