Cramer’s e-Commerce Play

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By Douglas A. McIntyre Published
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Cramer also wanted to look at ways to play Christmas, but it’s too late to play.  You want the behind the scenes stocks.  Out of of these he likes GSI Commerce (GSIC) as the e-commerce nuts and bolts.  He says not to buy it now.  GSIC can outsource the entire web store and design for you.  They serve many large companies.  Cramer said that GSIC is beating Amazon.com (AMZN), and he took another stab at AMZN as a violator of rules because it trades at more than 2 times its growth.  GSIC trades really cheap to to its growth numbers, and criminally undervalued according to Cramer.

Even though he said don’t buy in after hours, the stock still traded up 7% to $18.80, although the 52-week range is $10.67 to $19.00.

Jon C. Ogg
December 14, 2006

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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