Jim Cramer Says “I Know Amazon, They’re Tight as a Drum”

Amazon.com, Inc. (NASDAQ:AMZN) is one of Jim Cramer’s stock calls as he discussed the impact of the Iran war on the markets. Cramer addressed the “negative whispers” around the company, as he said:

Last week, the negative whispers were about Amazon. Get out now, the consumer’s slowing down, going to hurt their main business, Amazon Prime. I said, there’s one thing I know for a fact that the pessimists don’t seem to understand. I know Amazon. They’re tight as a drum. No way anyone can get a read on retail sales from them. No one gets information because they don’t leak. Now, it’s possible that the naysayers just wanted to get on my nerves, but it doesn’t matter. It sounded so good, I had to bear down and find out what could be found out, not much, and then hold on.

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Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators.

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