NEW YORK (TheStreet) -- "No one, I think, is going to buy Yelp (YELP) - Get Report," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Cramer's Stop Trading" segment.
People who buy Yelp stock believe that it will be the Yellow Pages of the world. But right now, it's an earnings story, Cramer said, not a takeover story.
"Don't buy this stock for takeover, buy it because you believe in Stoppelman and the franchise," he said, before concluding that the stock is indeed a "buy."
-- Written by Bret Kenwell in Petoskey, Mich.
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At the time of publication, Cramer's Action Alerts PLUS held GOOGL.