Amazon.com (AMZN) 'Snapping Back' Could Mean Its "Horrible Slide" Ends, Says Jim Cramer

We recently published Jim Cramer Discussed These 13 Stocks & Shared Major Warning For Rare Earth Stocks. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed.

Amazon.com, Inc. (NASDAQ:AMZN) was at the center of news coverage yesterday after its cloud computing division, AWS, experienced an outage. Given the firm’s considerable presence in the cloud market, the outage meant that firms such as Snapchat, Canva, Coinbase, and Duolingo experienced difficulties. Cramer has discussed Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business several times in 2025, especially after the firm’s second-quarter earnings. He has wondered whether the firm’s reliance on its in-house Trainium chips might be contributing to an AWS growth slowdown. This time, he dismissed the notion that the outage would sustainably impact Amazon.com, Inc. (NASDAQ:AMZN)’s share price:

“Now you’re gonna see Amazon’s going to keep it back. . .Oh Amazon’s been terrible, terrible. No it’s just been, this has been [inaudible] horrible for Amazon. People have had negative things to say about Amazon Web Services and suddenly you know, it happened. . .people are saying maybe I need Google Cloud.

“I think it’s [AWS growth] going from 18-19 to 21-22 and this just gets in the way of the narrative.

“I’m thinking that if Amazon stock snaps back today, it may be a sign that the long horrible slide could be running to its conclusion.”

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.

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.