Jim Cramer Tells Viewers To Not Trust Billionaires & Discusses These 11 Stocks

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

Number of Hedge Fund Holders In Q3 2024: 286

Amazon.com, Inc. (NASDAQ:AMZN) is the largest eCommerce retailer in the US. Its presence in the lucrative cloud computing industry via the AWS platform has also allowed the firm to develop a dual moat with high volume and high margin businesses. After the DeepSeek selloff, Cramer shared that some quarters believed that Amazon.com, Inc. (NASDAQ:AMZN) could benefit as AI training costs dropped. To wit, the stock did gain 1% during the selloff while others bled billions of dollars in market value. Here are Cramer’s latest remarks for Amazon.com, Inc. (NASDAQ:AMZN):

“And Amazon’s a winner because Jassy has said, the CEO, has said over and over again that he doesn’t make any money off of those two other than being able to sell them where you actually get a [inaudible]. And that’s what his advantage is that when you order from Temu, which I have ordered from, and Shein which I have ordered from, you don’t know when you come. I mean I ordered some Temu for my wife, it came well after her birthday, I had to slip it into Valentine’s Day.”

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 timeframe. 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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