Watch: Jim Cramer Applauds Facebook's Purchase of TBH
Facebook spent $100 million on TBH, an app popular among teens and tweens.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer was pleased with Facebook's (FB) - Get Report $100 million acquisition of the TBH app, which is popular among teens and tweens.
Cramer called the acquisition "brilliant" as Facebook tries to halt Snap's (SNAP) - Get Report momentum.
Facebook is a holding of Action Alerts PLUS.
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