Jim Cramer Says Amazon Needs to Deliver Better Results in the Next Quarter
TheStreet's Jim Cramer says analysts who follow Amazon are 'finally breaking ranks' and are concerned about the online retailer's future prospects.
TheStreet's Action Alerts PLUS Co-Portfolio Manager Jim Cramer says analysts who follow Amazon are 'finally breaking ranks' and are concerned about the online retailer's future prospects. Cramer says it's worrisome that Amazon said on its conference call that the holiday season may not be great. He says it's interesting given the upbeat outlook on the holidays from UPS and other retailers. Cramer says he's 'ok' with a company that spends on its business and has blowout revenues but he's not comfortable with a company that is spending and not getting blowout revenues. Cramer says it will be essential for Amazon to deliver better results in the next quarter. Cramer says shares of Amazon will stay range-bound until its next quarterly report.









