Amazon (AMZN) and other big tech names have notably missed out on the post-election Trump rally in markets, as President-elect Donald Trump is expected to be bad for the sector and good for other sectors like financials, industrials and materials.
"I think we've forgotten e-commerce here," said TheStreet's Jim Cramer on CNBC's "Squawk on the Street" on Tuesday.
Investors shouldn't forget about how great Amazon is or they'll look back and say, "How did we not think about Amazon?" Cramer said. The stock has been "in stall" lately just because it's not a "Trump stock," or one expected to see big gains under his leadership.
But after looking at the REIT DCT Industrial Trust (DCT) on Monday, it's clear that there is "extraordinary" demand for Amazon distribution centers to be close to urban populations, Cramer said.
"Keep that in mind," he continued. "We've forgotten that it's going to be an Amazon holiday season. I think they're doing extraordinarily well. It's kind of been left on the table by the whole by the Trump rally."
(Amazon.com is held in the Growth Seeker portfolio. See all of the holdings with a free trial.)