AAP Exclusive: Can Amazon Beat PayPal?
In the April Action Alerts PLUS members' call, Jim Cramer talked about Amazon (AMZN) - Get Amazon.com Inc. Report , an AAP Portfolio holding, getting into the payment space and whether that will have any sort of long-term impact on PayPal (PYPL) - Get PayPal Holdings Inc. Report .
"Everyone was supposed to beat PayPal," he said. "There was Wells Fargo (WFC) - Get Wells Fargo & Company Report , JP Morgan & Chase (JPM) - Get JP Morgan Chase & Co. Report , Visa's (V) - Get Visa Inc. Report ...Master Card (MA) - Get Mastercard Incorporated Report was going to beat them.
But did they? Here's a hint. Do you Venmo? Learn more about all of this, including how Cramer feels about Alexa, Amazon's virtual assistant, in the video above.
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- For more on Amazon, read this: An Insane Number of Retail Stores Could Close By 2025 as Amazon Takes Over
