Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
IAC Interactive (IAC - Get Report) , owner of Ask.com and HomeAdvisor, has been on a run of late with shares having gained 57% in 2017, and 82% over the past 12 months. Yet the company headed by Barry Diller, its chairman, doesn't 'get much attention from Wall Street. Cramer said that's a mistake.
IAC Interactive currently houses 16 notable Internet brands, and that's after the successful spinoffs of such properties as Match.com (MTCH - Get Report) , Lending Tree (TREE - Get Report) and Ticketmaster. All told, IAC Interactive has created over $40 billion in value over the past decade.
Cramer said the company's latest plan to acquire Angie's List (ANGI - Get Report) and merge it with HomeAdvisor will make it the king of matching homeowners with home services. That combination stands to be another big win for Diller and IAC shareholders -- even if no one on Wall Street notices.
Meanwhile, over on Real Money, Cramer says there's nothing simple about determining value, especially in the retail sector. Read more and get a free trial subscription to Real Money.
Cramer and the AAP team are closely watching the financial sector, especially Citigroup (C - Get Report) . Find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.
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