Was Jim Cramer Right About These 13 Stocks?

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6. Amazon.com Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 342

At the time, Cramer was bullish on Amazon.com Inc. (NASDAQ:AMZN), especially its AWS division, highlighting its role in AI infrastructure:

“Amazon is investing tremendously in all areas of AI… and of course down to the chips, our own design chips, as well as our long-standing partnership with Nvidia. Amazon Web Services (AWS) is working with Nvidia to use their newest Blackwell chips to grow AWS infrastructure and build up and train brilliant artificial intelligence models as fast as possible.”

Amazon.com Inc. (NASDAQ:AMZN)’s stock is up 11.64% since Cramer’s comments.

Here are Cramer’s latest comments on Amazon.com Inc. (NASDAQ:AMZN) from the 26th of February:

“They have promised, some of us, who have complained about Alexa, that it’s going to be very useful tool when you come downstairs. Look I’m very excited about it. I also hope that they get it right. Because there is very little classical music that you can play. If you ask for Beethoven’s First, they give you Alfred Brendel doing a concerto. If you ask for the concerto, they give you Mozart. It is so erratic that it’s not usable. So I hope they fix that. And they want it to be your personal assistant. Which I’d like. Because right now she’s dumb as wood. I mean plywood. I mean sometimes I argue with her it’s incredible. I wanted to hear West Side Story. That’s way too hard. You know what’s really hard for them? Literally anything, anything involving Cajun music.”

“I mean when I ask them directly, they think it’s gonna be your personal assistant. You’ll want to pay for it. That’s why they, when I said I’m not paying for Alexa, she doesn’t know anything other than that there’s a package downstairs. And they said, no, she will be able to really communicate with you much better. . .Well basically it doesn’t have enough NVIDIA. And, it will, also Trainium, their own chips. I love em’.

“But you know it’s wrong so often. All of these things are in their infancy, and they probably need more NVIDIA.”

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