TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said pharmacy is the next business Amazon (AMZN) can target.

"The need for Amazon to go into this business is great," Cramer said. "They can negotiate better than anyone else and get you cheaper prescriptions."

Amazon shares are up 34% since the start of the year.

Watch all of Jim Cramer's latest videos, right here:

 

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