Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer shared his opinion on. Cramer showed concern that other competitors are beating the company, as he stated:
My Charitable Trust owns Amazon, Meta, and Microsoft. I’m feeling like I did during my obituary writer days with these. Amazon reports this week. I’m optimistic that maybe it could do a good number. I’m also wary that the market’s already reached a verdict in this one. Amazon’s being beaten by Walmart… when it comes to regular Prime and web services, being beaten by everybody, including Google. I don’t know. It doesn’t get the respect it deserves, but other stocks do. And those are the ones, I guess my trust should own? I don’t know. I’ve been thinking about it all the time.
Photo by
Sunrise King on
Unsplash
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. Cramer discussed the company as part of his game plan during the January 30 episode. He said:
Thursday evening, we have some real controversial stocks. So it all starts with Amazon, which has become a bit of a battleground, frankly. This one used to roar in earnings. Now, if Amazon goes up, it gets faded as sellers appear everywhere. If it goes down, you know what, at the opening, it just keeps going lower. Lost in the shuffle is the greatness of the company itself. We own it for the Charitable Trust. I’m a believer. I know it hasn’t been a good returner. Let’s see what happens.
While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, 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.