Jim Cramer: Buy Facebook, Express, and This Hot Stock
Jim Cramer made the following calls on September 12th, 2013. What do you think about his picks?
Facebook, Inc. (NASDAQ:FB): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 31, 2013. The stock’s 52-week high is $45.09, and its 52-week low is $18.80. Many analysts believe that Facebook has shown a lot of poise, having posted sharp gains since the end of July. On the news front, Facebook announced that it was abandoning its virtual currency in favor of local currencies to promote purchasing for games and the like used within the social media site. Cramer also talked with Jon Steinberg, the president of Buzzfeed, to discuss differences in the IPO and early trading days of Facebook versus the potential IPO and early days on the market of Twitter.