Cramer's 'Mad Money' Recap: The Knot Worth Tying

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It's time for Yahoo! (YHOO Quote) to buy The Knot (KNOT Quote), "the premiere wedding Internet site," Jim Cramer told viewers of his "Mad Money" TV show Thursday.

In an effort to "resuscitate" Yahoo!, which he owns for his Action Alerts PLUS charitable trust, Cramer has been looking at companies Yahoo! could purchase to improve its growth.

Acquiring other companies is the only way Yahoo! is going to "come back from the dead," he said.

On Wednesday's show, Cramer suggested Bankrate (RATE Quote), and Knot is the next company he believes Yahoo! and market players should buy.

"Buy Knot before Yahoo! does," Cramer said.

The Knot, the most trafficked wedding destination on the Web, is going up whether Yahoo! buys it or not, he said.

There are two obstacles that might stand in the way of a Yahoo!-Knot marriage. The first impediment would be if Yahoo!'s management decides not to do anything to improve its company. And the second would be cold feet that The Knot's gotten too expensive. Cramer, however, doesn't agree with that thinking.

"Yahoo! should buy Knot, but even if it doesn't, I would still get behind this stock and ride out its growth and momentum," he said.

On another note, Cramer told viewers if they bought Google (GOOG Quote) on his recommendation, they should be up "a sweet 35 points."

And it's still not too late to get into it, Cramer said, as he is raising his price target for Google from $500 to $560 a share.