Jim Cramer names 6 e-commerce plays that are buys, says to wait on Amazon

CNBC's Jim Cramer connected Friday offered investors a database of e-commerce plays helium believes are worthy buying, contempt the group's unsmooth show successful 2022.

"There are inactive immoderate e-commerce plays that I'm consenting to get down here, the ones that person genuinely prioritized profitability," helium said.

Here is his list: 

1. Etsy
2. Shopify
3. Pinterest
4. MercadoLibre
5. Chewy
6. Prologis

E-commerce stocks skyrocketed during the tallness of the Covid pandemic, arsenic at-home consumers made purchases online alternatively than in-store. But erstwhile the system reopened, consumers prioritized spending connected question and experiences implicit goods.

That shift, on with the Federal Reserve's involvement complaint hikes, sent e-commerce stocks tumbling from their highs past year.

Cramer cautioned that portion helium believes the group's struggles are temporary, it's inactive excessively aboriginal to bargain galore of the names successful the e-commerce abstraction — including Amazon. 

He said that 1 of his biggest concerns with the institution is that it needs to chopped much costs. Amazon said earlier this month that it plans to laic disconnected implicit 18,000 employees. 

While that mightiness look similar a sizable cut, "this is simply a institution with good implicit a cardinal employees — to them, this is simply a driblet successful the bucket," Cramer said.

But Amazon's banal volition yet bottom, helium said. "I deliberation the concern tin yet marque a large comeback and determination volition travel a constituent wherever the stock's a screaming buy."

Disclaimer: Cramer's Charitable Trust owns shares of Amazon.