The inventory market continues to slip as coronavirus considerations persist, however shares of Amazon are wanting like a shopping for alternative, CNBC's Jim Cramer stated Monday. 

"I like Amazon proper right here," Cramer stated on "Squawk on the Road." "I believe you begin a place in Amazon completely."

Amazon's inventory was down greater than 2% on Monday and about 14% since Feb. 11, when it hit an all-time excessive of $2,185 per share.

Cramer's feedback got here throughout a tumultuous day for monetary markets around the globe, significantly within the U.S. the place buying and selling was quickly halted after the S&P 500 declined 7% shortly after the open.

Amazon's sizable pullback has created a gap for traders as a result of the e-commerce large is definitely well-suited to deal with the financial change introduced by coronavirus considerations, Cramer stated.

He stated the continued unfold of the coronavirus is prone to change client conduct as people select to remain house so as to lower their danger of contracting the illness.

Already,