Was Jim Cramer Right About Amazon.com Inc. (AMZN)?

We recently published a list of Did Jim Cramer Nail All These 9 Stock Predictions?w. In this article, we are going to take a look at where Amazon.com Inc. (NASDAQ:AMZN) stands against other stocks that Jim Cramer discussed.

During a recent Mad Money episode, Jim Cramer discussed how President Donald Trump’s influence shapes the market’s behavior:

“When you see a grizzly bear in Yellowstone National Park, you call a park ranger because these bears are dangerous… but the grizzlies turn into teddy bears when the rangers come, and you can’t even remember what you were so afraid of…. We can only presume that the president can turn the grizzlies on Wall Street into teddy bears with a stroke of a pen or even just a post on the social media platform he owns. I’ve never ever seen the market bend so readily to the wishes of one man. It’s extraordinary.”

READ ALSO: What Happened After Jim Cramer Talked About These 13 Stocks and Jim Cramer Defended American Superiority and Discussed These 13 Stocks.

Cramer also addressed the tensions between President Trump and Federal Reserve Chairman Jerome Powell. He highlighted how Powell was painted a “major loser” whose removal seemed inevitable in Trump’s eyes. Cramer noted that the President clarified he had no intention of firing Powell, which eased Wall Street’s concerns. When the name-calling between Trump and Powell stopped, Cramer observed that the stock market surged higher as investors were relieved that the possibility of a constitutional crisis was no longer a threat.

“Now, I want to say something here. I think it is actually, it’s beyond belief how easy it is for this one man to tame a bear, even if it’s a bear that he released on us in the first place.”

Cramer also pointed out that the President’s suggestion of a potential deal with China, while vague, was seen as an improvement and contributed to the market’s upward movement. He noted that for those hoping for higher stock prices, Trump’s actions seemed to have worked.

“Bottom line: That’s how powerful Trump has become on Wall Street. On days like today, it’s helpful, but for most of the year, it’s going the other way. Of course, you never know who he’ll target next. We don’t want any of the big CEOs to be trashed. That could hurt. The market doesn’t care if he goes after law firms or colleges, but going after the Central Bank, different story. Right now, Trump owns Wall Street and only he can decide if that’s going to be a good thing or a bad thing. I think it’s time to go all in on good.”

Methodology

For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the episode of Mad Money on April 23, 2024. We then calculated their performance from April 23^rd, 2024, market close to April 25^th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.

Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Amazon.com Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 339

Amazon.com Inc. (NASDAQ:AMZN), the global e-commerce and cloud services leader, was brought up by a caller during that older episode. When asked if Amazon still had upside back then, Cramer didn’t hesitate to respond positively, saying:

“Yeah absolutely, why not? I mean Amazon is the great equalizer. I think it’s got the Amazon Web Services going to be incredibly strong and by the way just you know Amazon advertising is on fire.”

Amazon shares have risen by 7.31% since then, although they are down significantly from its all-time high.

Amazon.com, Inc. (NASDAQ:AMZN) recently came up during a show in the context of companies with scale and pricing power. Jim Cramer discussed how Amazon may be willing to let its private label products go out of stock rather than absorb costs. Here’s what he said on the 8^th of April:

“Now, in Amazon’s case, I think they can say, hey guys, why don’t you just send the empty ships to U.S.? And they’re saying, listen, we’ve got other countries that want our stuff, but do they? Do they have other countries? We take everything from China. That’s over. Will the Europeans buy their stuff? […] I think we’re going to hear the Amazons and the Walmarts saying, you know what, we’d rather be out of stock. We’ll be out of stock on Amazon Basics. We don’t care.”

Overall, AMZN ranks 9th on our list of stocks that Jim Cramer discussed. 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 doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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