Jim Cramer on Gap: You Want to Own Amazon

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer shares his latest take on shares of Gap (GPS) - Get Report . "It's just not an important company," Cramer said, adding that department stores aren't important. "You want to own Amazon (AMZN) - Get Report ." On Wednesday, Gap announced the departure of its chief financial officer Sabrina Simmons, effective in January of 2017, a role she has held at the clothing company since 2007. Shares of Gap are up 4.4% since the start of the year, while Amazon shares rose 14% year-to-date.