Jim Cramer Discusses Amazon (AMZN)’s Stock

We just covered Jim Cramer Discussed The Iran Ceasefire & Commented On These 19 Stocks. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks discussed by Jim Cramer.

eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by 20% over the past year and down by 6% year-to-date. Banking giant Wells Fargo discussed the firm’s capital expenditure on April 2nd as it adjusted the share price target to $305 from $304 and kept an Overweight rating on the stock. The bank outlined that Amazon.com, Inc. (NASDAQ:AMZN)’s 2026 capital expenditure guidance should remain stable and added that a growth in the firm’s cloud business revenue could lead to higher free cash flow. As of now, Amazon.com, Inc. (NASDAQ:AMZN) expects to fork out $200 billion in capital expenditure for 2026. On the 27th, the shares closed 3.9% lower, with media reports suggesting the dip occurred due to broader concerns about AI spending and growth. As for Cramer, in this appearance, he and co-host David Faber discussed Amazon.com, Inc. (NASDAQ:AMZN)’s Kuiper (Amazon Leo) satellite business as well as competition from SpaceX’s Starlink satellite internet:

“Jassy has said over and over again, he has to do it. It’s a necessity. They have to do it. Now I’m not going to disagree, I mean he knows his business better than anybody. He’s got a habit.”

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