Earlier in the week, Amazon raised $3 billion in a bond offering for general corporate purposes.
Make no mistake, it's getting the money, cheaply.
CEO Jeff Bezos is borrowing at three, five and ten year intervals of 0.742%, 1.301% and 2.601% respectively.
"Those are Uncle Sam like rates," mused Jim Cramer.
But at the end of the day, a loan is a loan. What does Amazon need with all that money?
"Amazon's taking on debt because there are so many opportunities for them to grow," speculated Jim Cramer.
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"With that amount of capital and at those prices, not only does it have a chance to put rival Best Buy in an early gave, it can go after almost every retailer that's burdened by higher debt and brick and mortar leases," he said.