Core Viewpoint - Amazon.com, Inc. (NASDAQ:AMZN) is recognized as a dominant player in the retail industry, with potential for future growth alongside other leading firms [2]. Group 1: Company Performance and Strategy - Jim Cramer frequently discusses Amazon.com, Inc. on his show, highlighting its evolution from retail to high-end technology [2]. - Following the Prime Day sales event in July, Cramer praised the attractive deals available on Amazon's platform [2]. - Recent discussions have focused on Amazon's earnings report, its cloud computing business, and its strategy of using in-house AI chips instead of relying on NVIDIA's GPUs [2]. Group 2: AI and Competitive Positioning - Cramer suggested that Amazon's CEO, Andy Jassy, should enhance the capabilities of the Alexa AI assistant to remain competitive [3]. - While acknowledging Amazon's potential as an investment, there is a belief that other AI stocks may offer higher returns with lower risk [3].
Jim Cramer Mentions Amazon.com, Inc. (AMZN) & AI