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Jim Cramer Says Steer Clear of Netflix, Buy Starbucks, Watch Verizon

TheStreet's Jim Cramer says keep an eye on restaurant stocks, Verizon's (VZ) yield is terrific and wait for Netflix (NFLX) to move lower before buying.
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TheStreet's Jim Cramer says keep an eye on restaurant stocks, Verizon's (VZ) yield is terrific, wait for Netflix (NFLX) to move lower before buying and consider adding shares of Starbucks (SBUX) at current levels. As for the overall Wednesday market opening, Cramer says he doesn't like up openings but he does see it as an opportunity 'to get rid of the stuff you don't like.' One Twitter question asked about restaurant stocks Texas Roadhouse (TXRH) and Cracker Barrel (CBRL) and whether they would be stocks to hold. Cramer says restaurant stocks should benefit from lower gas prices because consumers should have more money to spend on eating out. Another Twitter question asks if Cramer believes AT&T's (T) dividend is safe. Cramer said he prefers Verizon to AT&T because the '5-percent yield is terrific.' Another Twitter question asks what a good entry point for Netflix (NFLX) would be. Cramer said, 'I think Netflix is a great story and the entry point is anytime it dips below where it was when it reported that great quarter. If you can get it below $98 or $96, it would be great. I’m not going to tell you to come in now.' For more of Jim Cramer's thoughts on stocks and the financial markets tweet to @JimCramer using #CramerQ.

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