In the July Action Alerts PLUS members' call, Jim Cramer answers a member's question regarding the over 6% Amazon (AMZN) position in the AAP Portfolio.

"Any concerns about diversification?" asks the member.

Especially because the team decided to sell some Facebook (FB) ,  Alphabet (GOOGL) , and Apple (APPL) to fund this position.

So listen in on the video above as he explains the rationale for the large holding. 

But here's a hint: Cramer thinks Amazon may be "the greatest growth story of all time."

And while they're not backing away from Apple, one of Amazon's big perks: "No China," says Cramer.

Watch now!


Do you want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable-trust portfolio with a free trial to Action Alerts PLUS! You can also w
atch all of Jim Cramer's New York Stock Exchange live shows on YouTube.

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