Was Jim Cramer Right About Amazon.com (AMZN)?
From Yahoo Finance: 2025-05-05 09:30:00
Jim Cramer’s stock predictions were scrutinized in a recent article, focusing on Amazon.com, Inc. (NASDAQ:AMZN) among others. Cramer challenged misconceptions about stock ownership, emphasizing its importance to millions of ordinary Americans. He argued against the wealthy-centric view of the stock market, highlighting its broad impact on society.
A list of 13 stocks discussed by Jim Cramer on Mad Money in May 2024 was analyzed for performance until April 2025. The hedge fund sentiment for these stocks was also included, showcasing their standing in the market. The article considered Cramer’s past opinions and their outcomes, offering insights into his stock predictions.
Amazon.com, Inc. (NASDAQ:AMZN) was lauded for its strong performance in AWS, advertising, and international segments. Cramer praised the e-commerce giant’s growth and generative AI capabilities, highlighting its positive trajectory. Despite a moderate 5.12% increase over the past year, Amazon remains a top contender in the market, with Cramer listing it among the biggest winners in the past 20 years.
While Amazon ranks 11th in Cramer’s list of discussed stocks, its potential as an investment is acknowledged. However, the focus shifts to AI stocks with greater promise for higher returns in a shorter time frame. One AI stock, in particular, has shown significant growth since the beginning of 2025, outperforming other popular AI stocks by a wide margin. Looking for a promising AI stock trading at less than 5 times earnings? Check out our report on the cheapest AI stock. No promotional or marketing, just the facts. For more AI stock options, read our articles on the 20 Best AI Stocks to Buy Now and the 30 Best Stocks to Invest in According to Billionaires. This article is originally published at Insider Monkey.