Cramer Shares His Thoughts On Facebook, Union Pacific And Orbital ATK

Jim Cramer spoke on CNBC's Mad Money about Facebook Inc FB. He is a buyer of the stock and he thinks that it is going to $100. The company is making more money than people realize and it is going to turn out to be incredibly inexpensive when we see 2017 numbers. Cramer thinks that the problems in the West Coast Ports are going to have a negative impact on quarterly earnings of Union Pacific Corporation UNP. He is afraid that the company won't make the numbers and he wants to wait and buy after the earnings report, when it pulls back. The defense stocks are doing better, believes Cramer. He likes Orbital ATK Inc OA.