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Jim Cramer Says He Is “Looking for Amazon to Put Up Much Bigger Gains in 2026”

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Magnificent Seven stocks Jim Cramer recently reviewed. Cramer noted that he is quite optimistic about the stock for 2026, as he commented:

“Finally, there’s Amazon, another Charitable Trust name… It finished last year up just over 5%… Muted overall performance, missed some very positive things. When Amazon reported its latest quarter at the end of October, that was a major positive catalyst as their web service business put up terrific numbers, that was one I was worried about, growth accelerating to more than 20%, the highest level since the third quarter 2022. I feel very good about that business after speaking with Amazon Web Services CEO Matt Garman about a month ago… He was terrific. On top of that, Amazon made a big investment in Anthropic, one of my absolute faves. They’re already using AI and robotics to enhance the retail business. I was on Rufus maybe 20 times in the last three days. Rufus has really improved, and I’ve gotta tell you, Anthropic is great. It’s a business-to-business service. It’s going to be wildly profitable very soon. The retail business continues to do well with double-digit growth both domestically and internationally for the past two quarters. Yes, Amazon’s still spending heavily on AI infrastructure like many of the Magnificent Seven compadres, but it’s very clear how these investments can directly make them money. So to me, that spending is easier to swallow. I’m looking for Amazon to put up much bigger gains in 2026, and it seems like I’m not alone because… the stock soared nearly 5% over the past three sessions. It’s been magnificent.”

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Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators.

While we acknowledge the risk and 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 and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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