TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said investors should seriously consider buying shares of Yahoo! (YHOO) if Rick Hill joins the company's board of directors. Activist investor Starboard Value is pushing to replace Yahoo's board of directors with a slate of its own that includes Hill. Cramer said, 'We just need to see Rick Hill added to the board...He is Starboard's guy. If Rick Hill gets on, then you have to buy the stock. Period.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.