Any time Cramer recommends a stock he gains something from it. His wealthy friends probably bought "breadsticks" at his restaurant in return for him repeatedly telling us to buy AMD. That doesn't necessarily mean the company itself is bad, but someone definitely is trying to pump up the stock (usually so they can sell at high prices to retail investors).

The bot is 100% accurate on this. Even if the Fed cuts rates, they won't go back to zero. It will be a small cut like 0.25% that will have a small impact on bond prices vs. the return you could get in stocks. This is WSB...shoot higher!

Do you work for Amazon? I am a consultant hired by Fortune 500 companies to help them plan layoffs. You would be surprised how bloated some companies got during the last few years, as hiring shortages caused them to hoard talent. Many of the positions that should be eliminated include excess layers of management. Did you know Amazon has 12 layers of management between an hourly worker & the CEO? That is a lot of "middle management" that don't create value to customers, but instead spend their time in meetings with other middle managers. These administrative and program management roles can actually slow the organization down because the chain of approvals gets too big for decision-making to occur in an efficient manner.

I'm not advocating for layoffs, but I equally disagree with the stance that layoffs are bad. The US government shows how disfunctional things can get when there are too many layers of leadership. My fear with Amazon is they have grown into an organization with too many silos & layers that will prevent them from continuing to innovate effectively. It is apparent to the outside that this is happening, as Amazon hasn't rolled out many new things for customers in recent years except on the AWS front. To fix this, Amazon either needs to split up into separate companies or carefully assess their corporate staffing to ensure the ratio of managers vs productive team members makes sense.

Amazon is growing into a conglomerate, similar to how General Electric was 20 years ago, where they are trying to do everything. The problem is that each part of their business has different growth opportunities, which in some cases may actually be hurt due to each business unit having to compete with other business units for capital. An example of this is Amazon Logistics. If spun off into a separate company it could rival UPS & FedEx, and 3rd party retailers would be more likely to ship with Amazon if the delivery business is separated from the retail business. Whole Foods also hasn't done very well under Amazon's leadership, as their focus on technology & online delivery has ruined the store experience with "shoppers" filling the aisles to pick internet orders. These are just a couple examples of business units in Amazon that might be worth more if spun off into independent companies.

So I should avoid SoFi until after the election? They so desperately want student loan repayment to resume.