NEW YORK (TheStreet) -- Viewers have questions and Jim Cramer has answers.

One viewer asked whether Apple (AAPL) will be adversely by Verizon's (VZ) decision to no longer subsidize its phones. He said the decision will hurt Verizon, and this is the wrong time for the company to make sure a move because AT&T (T) and T-Mobile  (TMUS) are coming on strong, and Sprint (S) had a decent quarter. Verizon should reverse course.

If EMC (EMC) buys the rest of VMware (VMW), would he look for Microsoft (MSFT) or Dell to acquire Citrix (CTRX)? Cramer said Citrix was at a 52-week high last week and that it is a stock that he likes on a fundamental basis, but he wouldn't speculate about any takeover.

A viewer asked where he sees shares of Mattel (MAT) going. Cramer said Mattel is making a comeback, and that with Hasbro (HAS) launching new Star Wars products, he'd like to buy both stocks. Asked if KKR (KKR) is a buy, sell or hold, Cramer said he likes the stock's yield and thinks it is sustainable because he thinks the IPO market will be okay for KKR.

Cramer was asked about Chesapeake Energy (CHK) as a natural gas play but Cramer's not buying. You should sell because the company doesn't have the balance sheet to get through the current downturn. He pointed out that if you owned EOG Resources (EOG), an Action Alerts PLUS holding, that company will talk about how there's still not a lot of properties that are undervalued. Watch Chesapeake, and if the stock goes down enough something could happen.

Finally, on Alcoa (AA) he said the company is being hurt because it makes aluminum. If you look at the overlap between Precision Castparts (PCP), which Warren Buffett just bought, and what Alcoa has, you should rethink your negativity on Alcoa. 

At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL and EOG.

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