Jim Cramer's Stop Trading! Dow 14,000

 

Dow 13,000 is only the beginning, Jim Cramer said Wednesday on CNBC's "Stop Trading!" segment.

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Cramer said stocks will keep breaking out this year because there's not enough supply. Cramer expects the Dow, up 103 Wednesday at 13,057, to be above 14,500 by year-end, he said.

Cramer said there won't be a 10% correction in the market because there are too many big buyers for even middling stocks like Eastman Chemical (EMN) who simply can't get their orders filled. And Eastman's an also-ran in a field dominated by the likes of DuPont (DD) and Monsanto (MON).

Cramer also said Amazon (AMZN), up 25% off Tuesday afternoon's earnings beat, is "going to put a lot of hedge funds out of business."

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At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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