Jim Cramer Rubbished Circular AI Deals & Commented On These 18 Stocks

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

Number of Hedge Fund Holdings in Q4 2025: 381

Amazon.com, Inc. (NASDAQ:AMZN) is one of the largest eCommerce and cloud computing retailers in the world. Its shares are up by 44% over the past year and by 10% year-to-date. Like most other technology stocks, Amazon.com, Inc. (NASDAQ:AMZN)’s stock has also performed well over the past couple of weeks, as it is up by 20% in April so far. Citizens discussed the firm on April 14th as it reiterated a Market Outperform rating and a $315 share price target on the firm. The coverage came after Amazon.com, Inc. (NASDAQ:AMZN) announced a major deal in the satellite internet space as it acquired Globestar for a $11.7 billion price tag. The financial firm remarked that the deal will boost the eCommerce company’s spectrum and gateway station portfolio. Amazon.com, Inc. (NASDAQ:AMZN) already operates in the satellite internet industry through its Amazon Leo project (previously named Kuiper). The firm’s CEO, Andy Jassy, recently penned a shareholder letter in which he outlined the role of AI in the firm’s growth strategy. Cramer was left impressed by the letter:

“It was beautiful. . .stock hasn’t looked back, has not looked back. . .that letter, it trumped a lot of Bezos’ letters.”

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