9 Stocks On Jim Cramer’s Radar 

6. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders In Q2 2025: 335

Cramer’s thoughts about Amazon.com, Inc. (NASDAQ:AMZN) have been interesting to say the least since the firm’s latest earnings report. These results saw the shares struggle in the aftermath as cloud computing growth (read: AI) disappointed investors. Immediately after the report, Cramer criticized Amazon.com, Inc. (NASDAQ:AMZN) for choosing to focus on performance and cost by relying on its in-house Trainium AI chips instead of offering cloud computing customers NVIDIA’s GPUs. However, later on, the CNBC TV host changed his opinion and asserted that Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy was right to focus on cost and performance instead of performance only. He described the firm’s GPU approach with these remarks as well:

[AMZN]”Like take the case of Amazon. Amazon’s trying to figure out the return of investment. And I think that they may think maybe that’s [NVIDIA GPUs] not great as what they do when they do this Trainium. Which is their own chip.”

While Cramer has dithered about Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business, he is still a fan of the eCommerce business as he recently remarked:

“Today, we had a giant run in Amazon, up almost 3%. Why? It’s a follow on move from yesterday’s announcement that the company will be moving to same-day grocery delivery, which the analysts wrote about overnight. Now this is an incredibly disruptive initiative that was basically ignored yesterday. Given that delivery is free with Amazon Prime, it could spell real problems for Instacart, perhaps even DoorDash and Uber. Just as importantly, this announcement changed the narrative about Amazon.

You see, for the past two weeks, the story of Amazon was about how its AWS business had fallen behind Google Cloud and Microsoft Azure, its principal competitors, because it’s using its own slower chips instead of buying them from NVIDIA. It was a very damning storyline. This week, though, we remember that Amazon’s also a retailer, arguably the best retailer in the world. That’s rational, not frothy.”