Cramer Predicted Icahn's Yahoo! Play
- Loading Comments...
Not everyone saw it coming -- but Jim Cramer made the call. If you caught Wall Street Confidential on May 6, "Cramer: A Reason to Buy Yahoo!," then you got a heads-up as to what was going to happen.
Billionaire investor Carl Icahn may initiate a proxy fight to oust Yahoo!'s(YHOO Quote) board -- and Jim predicted it.
"These guys don't have control over it if the activists, if the Carl Icahns of the world buy it," Jim said on TheStreet.com TV in reference to Yahoo! cofounders Jerry Yang and David Filo. "I think they will buy it. I think what you're going to have here is a terrific situation where a year from now you're going to get 35, 36 -- or even before then, because this company is going to change hands." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |


Connect with TheStreet