Jim Cramer Blog

Tyco (NYSE: TYC): Cramer wouldn't go near Tyco until its 3-way split next month, and might consider looking at it's "sole survivor" alarm segment rather than its "second-rate" health care and electronics businesses. Former CEO Kozlowski put together the mosaic of businesses, but ended up with a "crummy company," commented Cramer, who wouldn't rush to invest in a stock that would need "a nationwide crime wave" to beat its numbers.
Yahoo (NasdaqGS: YHOO): Concerning Yahoo's annual meeting, Cramer reiterated his prediction that if CEO Terry Semel, who is on a "permanent intellectual vacation," will take a "permanent travel vacation," the stock would rise $5.