TheStreet.com RealMoney

Amazon's Current Is Strong

By Jim Cramer

 About this article:
 Do you know that Amazon is closing in on its all-time high? Do you know that what was once considered the most overvalued stock in the world is now starting to be viewed as cheap, even as it goes higher, because of the tremendous scale it is reaching and the company's effort to drive down product pricing? When I heard about still one more price cut for the Kindle, it dawned on me. Amazon is Ford , and Jeff Bezos is Henry Ford, without the cranky anti-Semitism and braggadocio demeanor, although I never heard Ford laugh, so I don't know if they have that in common. Ford decided to make cars for the masses, and with it, he broke down the price barriers and grabbed market share and mind share and scale, making it so that his company was so rich that he could afford to pay...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.