Rate Environment Is Reason to be Pro-FAANG, Jim Cramer Says

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As stocks edge slightly higher in intraday trading Wednesday, Jim Cramer told Action Alerts PLUS senior analyst Jeff Marks that he can’t blame investors for being weary amid waning and waxing inflation fears.

“I don’t blame anyone for being confused. Rates should be going higher,” Cramer said. “It’s very hard to figure out what to do.”

Fortunately, Cramer has a solution and it happens to be two names he already loves: Amazon  (AMZN) - Get Report and Facebook  (FB) - Get Report.

Catch his full take in the video above. 

Recap TheStreet Live: Everything Jim Cramer Is Watching Wednesday

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