Why Jim Cramer Is Waiting to Buy Amazon and Netflix
Cramer said in an exclusive conference call with members of his Action Alerts PLUS club for investors that he's holding off on adding Amazon and Netflix due to high valuations.
Jim Cramer says he loves the business models of the FANGs—Facebook (FB) - Get Report , Amazon (AMZN) - Get Report , Netflix (NFLX) - Get Report and Alphabet/Google (GOOGL) - Get Report —but won't buy Amazon or Netflix for his charitable trust unless their earnings' multiples drop.
Alphabet and Facebook are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells GOOGL and FB? Learn more now.
