Cramer's 'Mad Money' Recap: Three Dot-Coms for Right Now

2. IAC/Interactive Corp.

Cramer's second favorite Web stock is IAC/Interactive Corp. (IACI Quote), CEO "Barry Diller's latest project."

Cramer said IAC is up nearly 60% from where he first recommended it on Aug. 8, back when "it was one of the most hated stocks." And even though the stock is up 15 straight points, it has "the juice that Google sadly lacks at the moment."

Plus, not only does it have "great brands," IAC is "nibbling up the whole Internet one bite at a time," Cramer said. In fact, it recently purchased CollegeHumor.com, a Web site he called a "quiet moneymaker."

While people used to think of IAC as a bunch of screwed-up businesses that weren't cohesive, the company's businesses do have a common "legitimate" theme -- "they are all things done better on the Web," Cramer said.

Lastly, IAC has a "real buyback," which shows just how much insiders believe in this company.

1. eBay

Cramer tagged eBay (EBAY Quote) as his "primo, absolute favorite" Internet play.

He advised people to take some money off the table for Google and to put it into eBay, because he considers it the better stock right now.

Yahoo!, IAC and eBay are "pathetic parodies of companies when compared to Google," Cramer said. "But right now Google is leashed in, at least until it gets to $450."

Therefore, people can either stick with their guns and go down with Google or swap out of it and make some money with eBay, he said. There are seven reasons eBay is his favorite "while Google is out of commission."

First, it has become part of the culture. Second, although its acquisition of Skype might have been the "single dumbest purchase of the decade," Skype is at last getting "serious" after a period of underperforming. In addition, Cramer believes all the negative aspects of Skype have been priced into the stock.