Alphabet Is the Stock to Buy If Shares Come in, Jim Cramer Says

Amid Canaccord's downgrade of Alphabet (GOOGL) - Get Report , TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said it's the stock to buy if shares come in. Though Cramer doesn't think the stock has fallen enough yet. 

The stock is a holding of Action Alerts PLUS.

Watch all of Jim Cramer's latest videos, right here:

• Kroger's Guidance Cuts Show Just How Aggressive Walmart Is: Jim Cramer
• Jim Cramer Reveals Why Nvidia and Alphabet Are Getting Crushed Thursday
• We Over Parsed Janet Yellen's Strategy, Jim Cramer Says
• DJ Khaled Tells Jim Cramer About His Social Media Empire