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Jim Cramer: Tesla and Amazon Have the Headlines to Trade Higher

6/19/14 11:58 AM EDT
Jim Cramer talks about a story written on Thursday by TheStreet's Anton Wahlman, the article says that maybe the secret of Tesla is that none of the big automotive companies really care about Tesla and the 35,000 electric cars that it may make. Cramer says it is therefore a wide open field for Tesla. Cramer says Wahlman's piece looks at why if one of the big car makers wanted to crush Tesla eventually they could, but it isn't important to them. Cramer says Tesla and Amazon are cold stocks and they're loved by people but Cramer prefers stocks like Rite Aid that he can analyze. Cramer predicts Rite Aid can go to $10. Cramer says that if investors want to invest in Tesla and Amazon, they have the positive news headlines these stocks tend to trade off of. Cramer says he can understand why the shares move higher. -- Get Cramer's top stocks with Action Alerts PLUS Trade with him FREE for 14-days.
Stocks in this video: TSLAAMZNRAD
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