We're adding to our position in an ecommerce giant that still has room to run

With the stock market still in in oversold territory Wednesday, we are once again putting our large cash position to work.

We are buying 50 shares of Amazon , at roughly $134.70 apiece. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 725 shares of AMZN, increasing its weighting in the portfolio to 3.45% from 3.22%. With the stock market still in in oversold territory Wednesday, according to the S & P 500 Short Range Oscillator , we are once again putting our large cash position to work.

Packages on a conveyer belt at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023.

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