Jim Cramer Continues to Gush About Amazon.com (AMZN) CEO

We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Amazon.com, Inc. is one of the stocks discussed by Jim Cramer.

Amazon.com, Inc.’s shares are up by 40% over the past year and by 14% year-to-date. Oppenheimer discussed the firm on April 24th, as per The Fly. It raised the target to $275 from $260 and kept an Outperform rating as it cited optimism about the firm and its AWS cloud computing business ahead of its first quarter earnings. Amazon.com, Inc.’s first-quarter earnings saw the firm post 28% cloud computing growth to beat analyst estimates. The firm’s revenue and operating income also beat the estimates. Cramer discussed Amazon.com, Inc.’s earnings call:

“Andy, some of us had been critical of Andy, and Andy was basically saying, listen we’ll be more thoughtful. I didn’t like his, the previous conference call, where he was very defensive. And I said, what do you have to be defensive about, you’re like the world’s best company. And that letter was so good. . .they’ve got their own chip, and Prime is doing well and international is doing well. And, there’s like, advertising. . .it’s fantastic. It’s finally moving.”

Jim Cramer Continues to Gush About Amazon.com (AMZN) CEO

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