Jim Cramer Says Trump’s Tariff Strategy Is Working & Discusses These 11 Stocks

Page 10 of 10

1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders In Q4 2024: 339

Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce firms in the world and a key player in the cloud computing industry. Cramer’s previous remarks about the firm have commented on its AI chip orders benefiting semiconductor designers, shared concerns about its Alexa voice assistant, and shared that recent share price weakness is due to economic concerns translating into bearishness about Amazon.com, Inc. (NASDAQ:AMZN)’s eCommerce business. His latest comments about the company claimed that the firm has pricing power against Kenvue and other personal health firms:

“There’s no gating factor and Amazon has all the power in these things. Yeah, Amazon’s. . .the power, they would tell you that Amazon is in control.”

“I love the subscription model. . . whether it be Amazon,. . .”

AMZN is a stock Jim Cramer recently 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. 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 the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 10 of 10