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Jim Cramer’s Opinion on 5 Stocks Like Amazon and Walmart

In this article, we will look at Jim Cramer’s Opinion on 5 Stocks Like Amazon and Walmart. Please visit Jim Cramer’s Opinion on 14 Stocks Like Applied Aerospace and Delta Air Lines if you’d like to see the extended list and methodology behind it.

5. Walmart Inc. (NASDAQ:WMT)

Walmart Inc. (NASDAQ:WMT) was among the stocks Jim Cramer shared his opinions on during Mad Money. During the episode, Cramer called it one of the “greatest companies on earth.” He stated:

I think you’re getting an incredible buying opportunity here because the stock’s been getting pummeled right as Walmart’s biggest worries have started to fade away, specifically concerns about expensive oil and the state of the consumer… This is not some blown-up semiconductor stock; it’s one of the greatest companies on earth… I think Wall Street’s jumping to the wrong darn conclusion. Wall Street doesn’t shop at Walmart. It doesn’t know what’s happening. It doesn’t know while consumers are struggling a bit, Walmart’s going to be an ideal destination for shoppers all the way up to the $100,000 category, okay? It’s a trade-down play that people who are wealthier have discovered has a lot of incredible value…

Somehow, Walmart stock hasn’t gotten an ounce of credit. Maybe the PE multiple’s too high. I do not know, but I think you’ve got a great setup for the consumer and for Walmart. Here’s the bottom line: While Walmart’s latest quarter, okay, it wasn’t perfect, so what? That’s why the stock’s down a lot. It was bad enough to justify the stock’s subsequent 18% decline? No. Again, I think a lot of the weakness here comes down to the sense of malaise created by super high oil prices, and Walmart stock should get a reprieve now that oil’s back down to reasonable levels. That’s why I think Walmart’s worth buying right here, right now into weakness, especially if you missed out on that fantastic rally over the past couple of years.

Walmart Inc. (NASDAQ:WMT) operates retail stores, warehouse clubs, and online platforms that sell groceries, everyday essentials, home goods, apparel, electronics, and more.

4. Pfizer Inc. (NYSE:PFE)

Pfizer Inc. (NYSE:PFE) was among the stocks Jim Cramer shared his opinions on during Mad Money. A caller asked for Cramer’s thoughts regarding the stock, and he replied:

Okay, they do have earnings growth problems. They haven’t been able to make the Seagen acquisition work the way it should. The dividend is safe at 7%. I wish, I really wish I could be more positive. I just can’t be. It kills me to say that, a stock that yields 7, that used to have a lot of growth, that’s going to have growth again, but I can’t come up with where the growth is. I just can’t.

Pfizer Inc. (NYSE:PFE) develops and sells medicines and vaccines for several health conditions, including heart disease, infections, COVID-19, and rare diseases. During the May 11 episode, a caller asked if they should buy more, hold, or sell the stock, and Cramer responded:

Pfizer does not have any earnings momentum. You’re just buying it on that dividend yield of 6.66. And I’ve gotta tell you, if I want yield, I will go to bonds, not stocks.

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

Amazon.com, Inc. (NASDAQ:AMZN) was among the stocks Jim Cramer shared his opinions on during Mad Money. Cramer mentioned the stock during the episode and commented:

It’s the final area, the third flows of funds that really astounded me. I’m talking about a gigantic amount of money flew into what’s become the last place on earth that you want to put money: the hyperscalers, yes, the dreaded, daunted, and dreadful hyperscalers. They’ve been acting like zombies just walking around and going nowhere… Amazon just did a $25 billion bond offering, though. I thought that was going to hurt the stock. It didn’t. Maybe it was because they said they wouldn’t do any more bond deals this year, at least. Yes, I’m actually talking about money moving back into the Walking Dead: Amazon, Google, Meta. Yeah, well, I mean, that’s kind of what they look like to me. The latter defying the possibility of some big losses and lawsuits that would make social media the new tobacco.

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.

2. Microsoft Corporation (NASDAQ:MSFT)

Microsoft Corporation (NASDAQ:MSFT) was among the stocks Jim Cramer shared his opinions on during Mad Money. Cramer noted that the company is being traded like an enterprise software play, as he said:

Microsoft, such a hallowed stock, usually trades with the Mag Seven, but lately, it’s traded with the… enterprise software plays. I think these low prices were a gift, and now we’re finally getting a balance. We are going to try to hold on to Microsoft for the Charitable Trust.

Microsoft Corporation (NASDAQ:MSFT) develops software, hardware, and cloud-based solutions. The company provides products like Windows, Azure, Office, LinkedIn, and Xbox. Cramer highlighted the stock’s decline during Q2 on June 30. He remarked:

We need to go over what the heck happened to these losing stocks in the month of June, then we’ll review all the winners for the quarter. Some of these Mag Seven declines, they are just hideous. The stock of Microsoft, for example, shed over 17% of its value this month, losing over a half a trillion dollars in market cap. Even though it has a decent cloud business, that’s not enough to make up for its core software exposure. Wall Street has no use for the software right now. Put aside this false narrative. Software’s a real good business.

If Microsoft wants to reverse its fortunes, it needs to do something bold like acquiring OpenAI if that company can’t come public because of its severe losses. Microsoft has a stake in the company. It can make the trade happen. That would allow it to scrap Copilot and replace it with uber popular ChatGPT. Or it can break itself up into extremely lucrative parts. Yes, Azure, the cloud computing business, Microsoft business-to-business software, Microsoft’s consumer software, Microsoft cybersecurity, video games, LinkedIn, all best in field. Listen, after a 17% loss in a month, these guys would be crazy to keep doing what they’ve been doing.

1. Adobe Inc. (NASDAQ:ADBE)

Adobe Inc. (NASDAQ:ADBE) was among the stocks Jim Cramer shared his opinions on during Mad Money. Cramer highlighted a recent change in ratings for the stock, as he said:

Of late, and only of late, we’ve seen a remarkable move into what would’ve been considered more defensive software stocks before the advent of AI; I’m talking about Salesforce, Adobe, and yes, ServiceNow. They don’t have any shortages like tech hardware companies… By the way, Adobe was up three and a half today. Someone took it from a Hold to a Sell. You don’t get a, you know what a bottom looks like when some firm takes it to a Hold and a Sell and the stock goes up three. And I don’t really like Adobe.

Adobe Inc. (NASDAQ:ADBE) provides creative, document, and digital experience software. The company’s solutions are used to create, manage, and optimize digital content and customer experiences. Cramer discussed the company’s woes during the June 16 episode, as he commented:

A lot of this comes down to competition. At first, it was competition from other software companies, Canva, Figma, Shopify. Then, a couple of years ago, we started hearing about all these new programs from the big AI platforms, programs that have gotten very good at writing custom software… Datadog, MongoDB, Workday, they’ve all delivered some nice rebounds in response to better-than-expected earnings. That’s why I wondered if maybe, just maybe, Adobe might be able to turn things around when it reported last week. But then, even when they delivered a beat and raise quarter, the stock still got hammered…

So, what do we do with Adobe now? Honestly, I’m baffled. It’s hard to tell. On the one hand, Adobe’s down 70% from the highs… and trading at less than nine times earnings despite putting up double-digit earnings growth. Part of me feels it’s just too cheap to ignore, right? But on the other hand, Adobe’s been too cheap to ignore for a long time now, yet the stock keeps getting clubbed like a baby seal. Plus, the entire enterprise software cohort remains pretty hated on Wall Street, by the way, including today.

So, here’s the bottom line: Given the numbers, I could bring myself to recommend Adobe down here, except that we don’t know who’s going to be running the company. Maybe Adobe can turn itself around, but the stock won’t turn until we find out the next CEO and the next CFO. So please, if you want a bet on a comeback for Adobe, at least wait until you can put a face on the company’s future.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 15 Stocks That Will Make You Rich in 10 Years. 

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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