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Jim Cramer Discussed The Iran Ceasefire & Commented On These 19 Stocks. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks discussed by Jim Cramer.
eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by 20% over the past year and down by 6% year-to-date. Banking giant Wells Fargo discussed the firm’s capital expenditure on April 2nd as it adjusted the share price target to $305 from $304 and kept an Overweight rating on the stock. The bank outlined that Amazon.com, Inc. (NASDAQ:AMZN)’s 2026 capital expenditure guidance should remain stable and added that a growth in the firm’s cloud business revenue could lead to higher free cash flow. As of now, Amazon.com, Inc. (NASDAQ:AMZN) expects to fork out $200 billion in capital expenditure for 2026. On the 27th, the shares closed 3.9% lower, with media reports suggesting the dip occurred due to broader concerns about AI spending and growth. As for Cramer, in this appearance, he and co-host David Faber discussed Amazon.com, Inc. (NASDAQ:AMZN)’s Kuiper (Amazon Leo) satellite business as well as competition from SpaceX’s Starlink satellite internet:
“Jassy has said over and over again, he has to do it. It’s a necessity. They have to do it. Now I’m not going to disagree, I mean he knows his business better than anybody. He’s got a habit.”
While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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