Jim Cramer’s Take on Competition Between Amazon and Netflix
Jim Cramer says Netflix's problem was that it did not execute well in its latest quarter.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Netflix (NFLX) - Get Report did not execute well. 'Netflix is a combination of cost of production and subscriber growth,' Cramer said, adding that people should own rival Amazon (AMZN) - Get Report and not trade it, as the company is a long-term play.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
