Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Wednesday, October 18, 2006

Cramer Says Yahoo! Needs Bankrate.com

Cramer tonight at MAD MONEY said that the Yahoo! situation is still going to $22.00, but Cramer outlined a path so that Yahoo! could recover.

He said that Mr. Semel is clueless. He said that Yahoo! needs growth, not the 1% they posted. He said that Yahoo! needs to go acquire other companies. He said he will give a list of Internet companies he names over the next few days. He thinks that if these went to Yahoo! they would make more money.

Cramer said Bankrate.com (RATE) could jumpstart Yahoo!'s growth. He said it could easily be swallowed and assimilated. He said it would be just like IAC buying LendingTree. It has online publishing and print publishing and content. He said the market took 1/3 of the value off

Cramer will give another stock pick tomorrow other than RATE.

Cramer also like IAC/Interactive (IACI) in a call-in.

RATE closed up 0.2% at $30.11 in regular trading but rose to $31.00 after Cramer noted this.

Jon C. Ogg
October 18, 2006
 Subscribe

Powered by Blogger