Hey, I'm Kramer.

Welcome to MADMoney.

Welcome to Kramer.

I'm just trying to make you little money.

My job is not just to entertain you, but to educate to teach you.

So call me at 100743 CNBC or tweet me at Jim Kramer.

Today, take up. cut to the quick.

David Faber, my partner on Squawk on the Street, said that as of this morning, Amazon

stock had only rallied 29.5% since July 6th of 2021, while the S&P 500 had doubled that performance.

He suggested that I had overstayed my welcome in Amazon for my travel trust.

On yet another update with Dow gained 162 points as to be advanced 0.23%, NASDAQ jump, 0.8%.

David's job, his ridepost, his upgrade, got me thinking because that is some serious

underperformance.

I can't deny I've been wrong about Amazon for the past four odd years.

But let me tell you how I think about this.

I'm not wrong.

First, the Travel Trust takes a long-term view, longer than the periods of Sandy Jassy took over his CEO after running the incredibly successful Amazon Web Services.

I talk a lot about timeframes and how to make money in any market. You need stocks that you can work on for over long, long periods of time, longer than Jassy's tenure. I make it clear that as long as you still like what the company does, and I sure do with Amazon, proud prime member, as long as you think it's a valuable part of your life, and Amazon is probably the most valuable service I use, as long as you find it reliable and trustworthy, and I don't know of a more

reliable and trustworthy service in my life other than maybe the Apple iPhone universe, and you

want to stick with it. I actually don't care that this stock's only up about 30% since

Jackson became CEO. I am a huge believer that Amazon stock will eventually catch up with my

judgment.

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