Jim Cramer’s Thoughts On These 8 Stocks and the Packaged Goods Playbook

5. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 286

Amazon.com, Inc. (NASDAQ:AMZN) was mentioned during the episode, and here’s what Cramer had to say:

“If you’re in the consumer packaged goods business, you have a hard time raising prices because when it goes up too much, you’re gonna get bushwhacked by an Amazon or a Costco, both of which offer really terrific private label products that many shoppers know, that are as good as the originals.… We’re comfortable with Amazon trash bags.”

Amazon (NASDAQ:AMZN) offers a diverse range of services, including e-commerce, advertising, and subscription-based offerings. Fred Alger Management stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter:

“Amazon.com, Inc. (NASDAQ:AMZN) is a renowned online retailer and leader in cloud computing. The company’s Amazon Web Services (AWS) division offers utility-scale cloud solutions that support corporate America’s digital transition. During the quarter, Amazon’s shares contributed to performance as the company reported better-than-expected fiscal third-quarter results, with revenues and earnings beating analyst estimates. Operating margins expanded to 11%, driven by efficiency gains in logistics and robust AWS performance. Notably, AWS revenue growth accelerated during the quarter, along with recording its highest-ever operating margin of 38.1%, driven by easing cloud cost optimizations, renewed workload migrations, and an increasing contribution from AI workloads. On their earnings call, management highlighted plans to increase capital expenditures to enhance their technology infrastructure, catering to the surging demand for AI-driven computing.”