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Jim Cramer says Yahoo! Doesn’t Have the Best Technology

August 27, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Co-Portfolio Manager Jim Cramer says Yahoo! is in a difficult position because the stock has gone from $19 to $40 mostly because of Alibaba, not CEO Marissa Mayer. Cramer says Yahoo! stock has more downside because Alibaba is slowing and Yahoo! is under-invested. The company has made acquisitions and grown viewership but it is not producing more profit because other internet companies such as Google and Facebook have better technology.

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