Yahoo! Inc. (NASDAQ:YHOO), struggling to find growth after its fortunate investment in Alibaba Group Holding Ltd (NYSE:BABA) and in the face of sagging display advertising business, should purchase Twitter Inc (NYSE:TWTR), says Jim Cramer of TheStreet.com Cramer reasoned that because its principal business was “not doing to well,” Yahoo! can continue to buy back stock – it worked for IBM for a very long time – but it should also find a growth driver with the pile of cash it garnered from the Alibaba IPO. Roll up a number of companies in the Internet space, advises Cramer, including Yelp Inc…
Yahoo Should Buy Twitter, Says Jim Cramer
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.