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Jim Cramer: Stop Shorting Twitter, Yelp; McDonald’s Is a Yield Play

August 12, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer says he’s had a downside target of $29 since Twitter went public, and now that the stock has hit this target, he no longer thinks it’s a good short as more analyst upgrades come in. Cramer says Yelp is similar because the stock has been cut in half yet is getting upgrades. Cramer thinks Yelp could be a good takeover candidate. But, Cramer likes McDonald’s as a yield play and after taxes, it does better than any treasury and Cramer thinks its dividend will go higher.

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