Cramer: Why Yelp Is Long-Term Play Despite FTC Complaints

NEW YORK (TheStreet) -- Yelp  (YELP) has dropped on news that the Federal Trade Commission has received more than 2,000 complaints about the online review site since 2008.

But TheStreet's Jim Cramer points to a SunTrust piece that says not to worry about the FTC's investigations because they are typical of any business that receives negative reviews. Cramer thinks the news will not affect Yelp, and that the decline is partially a result of pressure on tech companies that went public during this time period.

Cramer recommends Yelp as a social, mobile and cloud play for the long term because it has a great business model.

Must Watch: Jim Cramer Recommends Yelp Despite FTC Complaints

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