Jim Cramer Out in Defense of Yahoo! (YHOO) and Google (GOOG)

September 19, 2006 1:17 PM EDT

Jim Cramer out in defense of Yahoo! (Nasdaq: YHOO), saying the stock is oversold and today's dip in YHOO and Google (Nasdaq: GOOG) are gifts to investors. He is reiterating a Buy on both YHOO and GOOG. Cramer thinks the internet as a whole is still in its infancy and these stocks will continue to run through 2007.

Yahoo! Inc. and its subsidiaries provide Internet services to users and businesses worldwide. It offers online properties and services to users; and a range of tools and marketing solutions to businesses.


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GOOG 536.44

+2.97 +0.56%
Volume: 2,822,188
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YHOO 15.07

+0.08 +0.53%
Volume: 16,716,845
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