Cramer can fix Yahoo! -- says buy Bankrate.com


Poor Yahoo! Inc. (NASDAQ:YHOO). Investors weren't pleased, in the final analysis, with the company's third quarter results. Worst of all, Jim Cramer won't pick the stock! In his comments on MAD MONEY tonight, Cramer said he thinks Yahoo! is still going to $22.00, but he has plans. Big plans.

On the negative side, said Cramer, CEO Terry Semel is clueless. Yahoo! needs growth, far better than the 1% posted. How to get that growth? Can't make it, buy it. Cramer thinks Yahoo! needs to go acquire other companies, which he (always the generous fella) will list over the next few days, all of which would boost Yahoo!'s revenue and, thus, share price.

First off? Bankrate, Inc. (NASDAQ:RATE) could jumpstart Yahoo!'s growth. Cramer thinks it could easily be swallowed and assimilated. This acquisition, he said, would be much like IAC buying LendingTree. Bankrate.com has online publishing, print publishing -- the daddy of them all in this market -- content. And for more, we're just going to have to wait for tomorrow's juicy sequel ...

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

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Last updated: February 12, 2012: 03:24 PM

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