Google IPO Will Reignite Internet Quartet

Now that we know that Google is coming public conventionally, with a real offering by Goldman Sachs and Morgan Stanley, it is time to go back to the well and buy more of the four horsemen of the Internet: Amazon (AMZN - commentary - Cramer's Take), eBay (EBAY - commentary - Cramer's Take), InterActiveCorp (IACI - commentary - Cramer's Take) and Yahoo! (YHOO - commentary - Cramer's Take).

For a while there, I thought that Google might use an eBay-like methodology to sell its stock, but the news today that it isn't going that way will give a quick boost to the Net Quartet -- not that they need it.

But it will.

I continue to believe that InterActiveCorp is the most undervalued of the group. It got crushed when US Airways (UAIR - commentary - Cramer's Take) said it wouldn't use Expedia, but got no real lift from the news that US Airways came back to the fold. The only rally the stock has had has come from the news that the Orbitz (ORBZ - commentary - Cramer's Take) deal was done. Orbitz was knocking this thing left and right in the interim while on the road show circuit.

I like Yahoo!, too. Big quarter ahead.

Can't quarrel with Amazon, but think it's had a nice run back from $48.

eBay is just a horse -- and a winning one, at that.

The four horsemen will rock as Google gets going.

Stay long.

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At the time of publication, Cramer was long InterActiveCorp.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column to [e-mail]. Listen to Cramer's RealMoney Radio show on your computer; just click here. Click here to buy Cramer's latest book, "You Got Screwed!" Click here to order Cramer's autobiography, "Confessions of a Street Addict."