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. 

Not Yahoo! (YHOO) , not Google (GOOGL) - Get Report, nobody. 

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. 

Yelp CEO Jeremy Stoppelman wants to build a great company and take on the likes of GrubHub (GRUB) - Get Report and OpenTable (OPEN) , Cramer suggested. 

"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.

Follow @BretKenwell

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At the time of publication, Cramer's Action Alerts PLUS held GOOGL.