May 30th - CLF

Cramer started out by saying he thinks eBay and Yahoo! should join forces and would buy this new company hand over fist. BUT he said he isn't interested in owning either on their own right now, so no pick to analyze for shorting.

Next Cramer recommended Cleveland-Cliffs Inc. (CLF) based on someb takeover rumors. The stock closed today just over $80 so is too expensive for my style, not to mention the takeover rumors, if true, could keep the stock strong and of course you wouldn't want to get stuck short if an offer was made.