On another Wall Street Confidential video today, Jim Cramer ranked his favorite Internet stocks. The 1/3 of the market that is defensive is bottoming, but the next group will be the companies ahead of their numbers over the next couple of weeks.
It may be worth noting that Cramer said AMD (AMD) could go out of business, and that Intel would love that if the DOJ is not involved.
On the dot.com’s and the Internet names here is what Cramer thinks:
IAC/Interactive (IACI) has momentum and is taking share.
Yahoo!(YHOO) has fabulous momentum and they may be making twice of what they thought on Panama.
Amazon (AMZN) has a new reader making it an innovator, which is interesting considering he always hates AMZN.
eBay (EBAY) has a great quarter coming and the Skype deal is coming along well for them.
Google (GOOG) is interesting now that it hit $440 and this should be around the area that it bottoms like he has said before.
Jon C. Ogg
March 5, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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