Jim Cramer Reveals Why His Charitable Trust Owns Facebook
Jim Cramer explains why his charitable portfolio has maintained a stake in Facebook rather than trading the stock.
Commenting on a recent note from Deutsche Bank that was bullish on Facebook's (FB) - Get Report ad prospects, TheStreet's founder Action Alerts PLUS Portfolio Manager Jim Cramer said Facebook remains a fantastic way for advertisers to get return on investment.
Cramer added that his Action Alerts portfolio has maintained its stake in Facebook despite the fact that the stock is "easy to trade."
"We are adamant that Facebook represents a great stock for the future," Cramer said.
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