NEW YORK (TheStreet) -- Yahoo! (YHOO) are up Monday thanks to its 16.3% stake in Alibaba (BABA) - Get Alibaba Group Holding Ltd. Sponsored ADR Report , which is also up, said TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, during CNBC's "Cramer's Stop Trading" segment.
Cramer sees Alibaba, now at $98 a share, easily climbing to $110, and if that happens Yahoo! "will go much higher." Yahoo! shares, at $44.50, are up over 10% for the year to date and 38% for the past 52 weeks.
The big concern for Yahoo! will be how it handles its corporate tax situation with that large Alibaba stake, Cramer said. Currently, the pre-tax stake is worth roughly $40 billion.
According to CNBC's David Faber, the stock could have $10 to $12 per share of added value if Yahoo!'s proceeds from the stake are handled in a tax-efficient manner.
Turning to oil prices, Cramer noted Goldman Sachs lowered its 2015 price forecasts for crude on Monday.
Cramer said Goldman Sachs called for WTI crude oil prices to run to $150 per barrel last summer. The call, which never came to fruition, essentially marked the top in oil prices.
Now that Goldman Sachs is calling for oil prices to head even lower following a dramatic decline over the past month, the commodity may be relatively close to a bottom, Cramer concluded.
- - Written by Bret Kenwell
At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.