This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer: Salesforce Is a Terrific Buy, Own Alibaba Through Yahoo!

8/03/15 12:15 PM EDT
Jim Cramer answers viewers' Twitter questions from the floor of the New York Stock Exchange. Cramer starts his Twitter questions with Alibaba (BABA). Cramer opens by saying that he believes the consumer in China is hurting but for people looking to invest in Alibaba, they should do so through Yahoo! (YHOO). ‘I’ve always been saying the whole way that you should own Yahoo! as a play on Alibaba because the stub of Yahoo! is worth a lot more than it is trading,’ Cramer said. One Twitter follower has fears of Netflix’s (NFLX) peak to which Cramer responds, ‘if you’re ever scared of owning a stock I am going to tell you to sell some.’ He says the reason he suggests this is because of ‘suitability,’ explaining that ‘the day Netflix will be down will be the day that you sell it’ and that he would like to avoid this. The Twitter follower also asked if he should switch from Netflix to Apple (AAPL). Cramer reiterated his position that ‘Apple is an own, not trade’ but says that he doesn’t think that Apple is going to ‘roar’ because it is too heavily exposed to its cell phone business. Despite this, he still believes Apple ‘is a great thing to own.’ He adds that if Apple shares drop down below ‘the technical breakdowns’ at $118 to $119 that he would ‘really start pounding the table.’ If you have a stock question, make sure to tweet it @jimcramer using #CramerQ. -- Get Cramer's top stocks with Action Alerts PLUS Trade with him FREE for 14-days.
Stocks in this video: BABAYHOONFLXAAPLLINENATDATACRMQLIK
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Top Rated Stocks Top Rated Funds Top Rated ETFs