"We Were So Worried About" Amazon.com, Inc. (AMZN), Says Jim Cramer

We recently published 9 Stocks on Jim Cramer’s Radar. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed.

AI and eCommerce giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares have gained a modest 5% year-to-date. Cramer’s recent comments about the firm have discussed its in-house Trainium AI chips and the role they play in the debate in the AI industry surrounding the cost-performance benefits of non-NVIDIA AI GPUs. Amazon.com, Inc. (NASDAQ:AMZN)’s cloud computing business has been at the center of media debate as a growth slowdown has been attributed to its shares dipping by 8% after its August earnings report. In his previous comments about Amazon.com, Inc. (NASDAQ:AMZN) while initially Cramer wondered whether using more NVIDIA GPUs could help the cloud business, he later conceded that the firm was spending the right amount to generate long-term AI growth. Naturally, Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business, Amazon Web Services, also made it on Cramer’s radar this time:

“Amazon, we were so worried about Amazon Web Services, well when is that, when is [inaudible] worrier, I forget. I forget. . .”

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 have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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