Jim Cramer Discusses These 10 Stocks & Says President Trump Should Be Like Steve McQueen

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1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders In Q4 2024: 339

Amazon.com, Inc. (NASDAQ:AMZN) is one of the more stable mega-cap stocks as it benefits from a high volume eCommerce business and high-margin SaaS operation. Its shares have dipped by 9% year-to-date to lead some peers in losses. Cramer’s previous remarks about Amazon.com, Inc. (NASDAQ:AMZN) focused on the firm’s Alexa voice assistant. The CNBC host believes that the firm has its work cut out with Alexa, but management has assured him that the product will improve soon. He has also listed Amazon.com, Inc. (NASDAQ:AMZN)’s AI chip spending as a catalyst for semiconductor stocks. Here are his latest thoughts:

“Uh, we could call it the ‘Okay 10’ and we could have Yul Brynner, Chris Adams, that could be Amazon, cause the Amazon’s strong.

“Amazon’s doing great, okay. . . Um, and then I really don’t know what to do about, I don’t know what to do about Amazon, they’re quiet. I don’t know it’s discouraging because these are the ones, they have to rally but they’re no longer the top ten.”

AMZN is a stock Jim Cramer recently discussed. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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