Cramer Picks Ask and Yahoo Over Google Short Term
Google is Jim Cramer’s internet darling, but for the short term he announced selling some of your Google stock and taking some of the future profits from Ask and Yahoo.
Both on his television show, Mad Money, last night and on TheStreet.com, Cramer stated Google’s stock was stagnating right now (though saw it as a solid long-term play) and recommended Yahoo and Ask.
Yahoo’s new PPC platform, Panama, has helped increase revenues, and Ask has a good mix of online properties and solid management, Cramer said, which make both stock worth investing in right now.
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