Amazon.com, Inc. (AMZN): Jim Cramer Discusses Alexa Plus In Detail

We recently published Jim Cramer Recently Discussed These 11 Stocks & Said The Robots Are Coming. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed.

Amazon.com, Inc. (NASDAQ:AMZN) has appeared frequently on Cramer’s morning show recently. Most of the time, he has discussed the firm’s Alexa assistant and outlined that an Alexa upgrade could be a game-changer for Amazon. Cramer frequently uses AI assistants for his show, and this time, he shared that Amazon.com, Inc. (NASDAQ:AMZN)’s Alexa is quite knowledgeable:

“What I said to Jassy is when are we going to see the merger between Alexa Plus and robots. Because Alexa Plus is reasoning. And Alexa Plus can, you go back and forth with Alexa Plus. I’ve had my, you know I used to speak to regular Alexa and it was very one way. It was a really bad marriage. No I’m not kidding.

“Let’s talk money. Alexa Plus has lost them billions. This is not going to do that. This is about making money. So you’re gonna have a delta. When you see these things, that they’ve been losing money on and they switch like international, then you have to recognize wow. this is now a new trajectory. Nobody cares right now. It’s part of a group of stocks that people just think are not where the action is. And I think that that’s big mistake. I think that you could have Amazon Prime three days and you could raise numbers.

“[on whether Alexa could compete with ChatGPT, Siri, and others] I thin. . .Alexa Plus is very knowledgeable about a lot of things. Right now Siri, not that smart about things. Yesterday I got something wrong about HPE. HPE is going to be able to keep Aruba. Some of that was because I was looking at these sites during our show and the sites can misinform you.

“I asked Andy Jassy by the way, whether, there was a Reuters story yesterday, that said his prices were, they did this analysis, and the prices are up already because of the tariff. Andy just point blank denied that. He said that this is not true. He did say that a lot of companies bought stuff forward. But he is not seeing any inflation from China yet. Now this is the crux of when will the Fed see it, when will we see it. We’re not seeing it yet.”

Amazon.com, Inc. (AMZN): Jim Cramer Discusses Alexa Plus In Detail

A customer entering an internet retail store, illustrating the convenience of online shopping.

“I think that when it comes to inflation, Amazon. . .they are with the people.”

“But Amazon is keeping prices low. . .I have been all in on Amazon since it was two dollars. Not unlike NVIDIA. Two dollars!”

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.