Jim Cramer Believes Amazon Needs to See AWS “Grow From High Teens to the Low Twenties”

Group 1 - Amazon.com, Inc. is currently viewed as a controversial stock, particularly due to the performance of its Web Services business, which has shifted from being a key asset to a liability for the company [1] - The stock has been underperforming compared to other major tech stocks, and there is a need for Amazon Web Services to show growth from high teens to low twenties percentage growth to support a stock rally [1] - Despite a recent outage in its Web Services, the stock price increased, suggesting that it may be reaching a bottom, indicating potential resilience in the face of negative news [2] Group 2 - Amazon operates in various sectors including online and physical retail, digital subscriptions, cloud computing, storage, AI solutions, electronic devices, media content production, advertising, and membership services [2] - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Amazon, highlighting a competitive landscape in the tech investment space [2]