[video] Jim Cramer Quick Take: My Thoughts on Facebook, Exxon and AIG
NEW YORK (TheStreet) -- What is going on with the stock market? Price action for some big stocks may not have been what many investors had expected following their earnings reports this week, said TheStreet's Jim Cramer.
Look at Facebook
While Facebook has said it will not bombard its platform with advertisements, investors worry the ads are driving teens away, causing the stock to drop, he said. However, that means Cramer is looking to buy more for his Action Alerts PLUS charitable portfolio on the dip.
Meanwhile, Exxon Mobil
American International Group
He called AIG "the right stock for this time in the bond market and for this time in the insurance cycle."
-- Written by Bret Kenwell in Petoskey, Mich.