Cramer: eBay is the #1 Replacement for Google (EBAY, GOOG)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

On tonight’s MAD MONEY on CNBC, Jim Cramer changed his stance on Google (GOOG-NASDAQ) and thinks it has to take more of a breather.

Cramers #3 Internet stock to replace GOOG is Yahoo! (YHOO-NASDAQ).

His #2 Internet Stock to replace GOOG is IAC/Interactive (IACI-NASDAQ).

Cramer’s #1 Internet stock out there to replace your GOOG holdings is eBay (EBAY-NASDAQ).  The stock is up another $2.00 from when he changed his stance and that is after the stock was down in the mid-$20.00’s.  The company is not as good as GOOG to Cramer as a company, but it is his best as far as a Stock is concerned.  To Cramer this represents the best spot on the web now.  The funds have been accumulating the stock.  EBAY isn’t being held back because of decelerating revenue growth like GOOG.  He thinks it has mindshare and it is getting great culture coverage, and he actually thinks Skype is doing better than anyone thought. Cramer also thinks the new search feature will pay off and he thinks that PayPal is potentially worth the current value of the company.  Cramer even thinks that PayPal is beating GOOG on payments and the comparisons to revenues last year will be better because of easy comparables.

Jon C. Ogg
February 26, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618