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RealMoney Radio Mailbag: Cheers for Yahoo!

A listener's question prompts Cramer to praise the company's prospects.

Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

Jim, is Yahoo! (YHOO) a good buy here?-- William from New Hampshire

James J. Cramer:

Yes, I believe Yahoo! is a buy; in fact, I bought some earlier for my charitable trust,

ActionAlertsPLUS. Yahoo! has fantastic Web properties that are taking a lot of advertising dollars from traditional media, and I believe the company will have a strong third quarter.

Where can I learn about trading options?-- Patrick from California

TheStreet Recommends

James J. Cramer:

First, I don't recommend options trading for most investors, especially beginners. But I do have two resources for investors who are interested learning more about them: First, take a look at our own

TheStreet.com Options Alerts

. Second, I like 888Options.com, which has a lot of great educational material for options traders at all levels.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.