Jim Cramer's 'Stop Trading!': Buy Verizon

Buy Verizon (VZ Quote - Cramer on VZ - Stock Picks), Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.

"Ivan Seidenberg is taking it to cable," Cramer said of the telecom company's CEO. Cramer added that he believes FiOS, Verizon's fiber-optic technology, is drawing customers. "I am far less concerned about the pricing than anybody else because I see this as a chance to drive Sprint (S Quote - Cramer on S - Stock Picks) out of business," he said. "I'm a buyer of Verizon. Nice yield, too."

On conflicting analyst appraisals of Starbucks (SBUX Quote - Cramer on SBUX - Stock Picks), Cramer expressed his faith in CEO Howard Schultz's ability to turn around the coffee shop. "It's not going to be done overnight," Cramer stressed. "It's going to be like McDonald's (MCD Quote - Cramer on MCD - Stock Picks)," which he reminded viewers took a year to turn around.

"I'm a buyer of Schultz here. I'm a believer in him and therefore I like Starbucks."

On IBM's (IBM Quote - Cramer on IBM - Stock Picks) huge share buyback today, Cramer proclaimed, "I still like IBM." He especially lauded the company for preannouncing earnings twice and then delivering quarterly earnings that exceeded expectations.

Elsewhere in tech, Cramer said, "Google (GOOG Quote - Cramer on GOOG - Stock Picks) and Apple (AAPL Quote - Cramer on AAPL - Stock Picks), the quarters weren't any good." He said the only remaining performer of his Four Horsemen of Tech, which also includes Amazon (AMZN Quote - Cramer on AMZN - Stock Picks), was Research In Motion (RIMM Quote - Cramer on RIMM - Stock Picks), but he noted that investors have ignored the BlackBerry maker's strong earnings results.