Jim Cramer Offers Plenty Of Reasons To Love Facebook

"Mad Money" host Jim Cramer offered Facebook Inc FB's CEO Mark Zuckerberg some advice during his TV segment on Thursday.

Advice For The New Dad

"Please take more paternity leave," Cramer said on Thursday's "Mad Money" segment. "One-third of the remarkable quarter Facebook reported last night came during the first month that Zuckerberg took off to spend time with his new daughter."

Joking aside, Cramer said that Facebook reported "one of the best quarters we have gotten from any company in ages."

Related Link: Jim Cramer: "Facebook Is The Cheapest Of The High Growth FANG Trade"

Phenomenal Quarter

Cramer added that Facebook "checked off every box" that investors wanted to see. Specifically, the company demonstrated accelerating revenue, while management suggested it didn't see any evidence of macro weakness affecting its business.

Cramer continued that Facebook, unlike many of its Internet peers, can charge more for mobile advertisements compared to desktop rates. In addition, the company's Chief Operating Officer Sheryl Sandberg said the company tells its advertisers they want to be "best dollar, the best euro, the best pound and the best minute you spend."

Finally, Cramer suggested that Facebook doesn't need to engage in share buyback programs, as investing in its business offers an "instant return."

A Look Ahead

Looking forward, Cramer pointed out that Facebook is planning on investing twice its current amount on Instagram, WhatsApp and Messenger. The company also plans on investing three times its current amount in virtual reality and artificial intelligence ahead of an expected "explosion" of its Oculus Rift.

"You don't have to be wary of the increased expenses they show," Cramer said. "In fact, you probably want them to accelerate."