Cramer says Netflix's earnings were 'not good enough.' Here's what he would do with the stock

In this photo illustration the Netflix logo is seen displayed on a smartphone.
Rafael Henrique | SOPA Images | Getty Images

CNBC's Jim Cramer on Wednesday sorted out what he would advise investors to do with shares of Netflix, one day after the video streaming giant beat estimates on subscriber growth but missed on earnings.

More In CNBC TV Picks

CNBC ProCramer says 'Elon Musk ended the magic,' making Tesla sound like a regular car company
CNBC ProFundstrat's Tom Lee says it’s not too late to buy market near record highs, but avoid these sectors
CNBC ProCramer on U.S.-listed China shares: ‘You can’t own these stocks’