Cramer: You Can't Own Netflix or Amazon.com Now (NFLX, AMZN)

This afternoon on CNBC, Cramer said that you can't own Netflix NFLX or Amazon.com AMZN now. Everyone “wants to write a negative article about Netflix or Amazon,” he said. “Don't stand in front of the freight train hitting high-multiple stocks.” When asked if the Kindle (which is slated to hit AT&T T stores next week) was a stock mover, Cramer said that it was not.
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Posted In: CNBCLong IdeasNewsJim CramerShort IdeasMovers & ShakersTrading IdeasGeneralAmazonAT&TCNBCConsumer DiscretionaryIntegrated Telecommunication ServicesInternet RetailJim CramerKindleNetflixTelecommunication Services
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