We recently published a list of Jim Cramer Suggests ‘Gunboat Diplomacy’ For China & Discusses These 7 Stocks. 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.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed potential actions by the Federal Reserve in response to President Trump’s tariffs. Trump has denied having any plans to fire Fed Chairman Jerome Powell, and Cramer commented on the historical context of the current tariffs and Powell:
“Anyone who knows Powell knows that he’s a deep historian of the marketplace. And he’s obviously looking at Smoot-Hawley, the tariff in 1930 and that’s, you could argue, a 33% tariff. And arguing a second that this is higher, and that he knows history, and he knows that Smoot-Hawley was what was one of the things that caused the Great Depression. So, unless you’re ahistorical, you can’t disagree with him.”
The CNBC TV host also discussed how people who were alive during the Smoot-Hawley era are no longer with us so it’s impossible to put it in a real-life framework. According to him:
“Well I mean, we do have Grapes of Wrath, David. Now I think that truth lies in novels. It’s very hard to get the real truth unless you go to novels. . . alright, when you’re a journalist covering homicide, like I was, my editor . . .I try to do this, he goes, Jim that’s for, only fiction can tell the truth about homicide. You just tell the facts. What I’m saying is that if I look at the fiction of what happened in the Great Depression, I have a better feeling than when actually look at the statistics.”
Cramer also stressed that the recent stock market selloff meant that the Magnificent 7, as a term, continued to be irrelevant. “We don’t use that anymore that’s gone,” he said. “Yeah that’s gone. Yeah I don’t know it’s not like the Mag 7. . .no we’re done with that, Mag 7, whole thing. Now it’s the Wild Bunch. . . we’re switching, it’s no more, I mean honestly, Wild Bunch was actually a better movie,” Cramer said.
As for AI, Cramer believes that “[t]his is a winner take all, loser takes none, just like Google was, this is a 200 billion dollar business. Whoever gets the mind share… right now I have every one of these. I’ve got Grok, I’ve got Gemini, I’m not going to go, believe me, one year from now, I’m only gonna have one. And right now it’s Grok.”
On diplomacy, he shared that the “one thing we haven’t done yet is gunboat diplomacy. I’m waiting for that.” So what is Jim Cramer’s gunboat diplomacy? Well, according to him:
“You put something in the straits of. . of every strait, yeah. . the Straits of Hormuz and then of course the Strait of Taiwan. . gunboat diplomacy, the pursuit of foreign policy objectives through conspicuous displays of military especially naval power.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on April 17th.
For these stocks, we also mentioned the number of hedge fund investors. 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 In Q4 2024: 339
Amazon.com, Inc. (NASDAQ:AMZN) is the world’s leading eCommerce retailer. Like other big tech stocks, its shares have also struggled in 2025 due to the fact that economic concerns and AI slowdown have weighed on both of its businesses. In his previous remarks about Amazon.com, Inc. (NASDAQ:AMZN), Cramer has wondered whether its ability to sell consumer staples at affordable prices might help it navigate higher prices from tariffs on China. Here are his latest thoughts about Amazon.com, Inc. (NASDAQ:AMZN):
“Amazon’s still spending even though they constantly talk about their own Trainium [AI chips].”
“And that goes to Amazon too, but Amazon then has its own stuff to sell, but what’s Amazon’s tariff going to indicate? It’s very, it’s very confusing to think here what’s going on with De Minimis.”
Overall, AMZN ranks 1st 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.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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