Jim Cramer Thinks Amazon Stock’s a Buy After Doing Nothing All Year. Why He’s Absolutely Right.

Core Viewpoint - Amazon is viewed as a potential comeback stock despite its recent underperformance, with analysts suggesting it may be a better buy after a challenging 2025 [2][3]. Group 1: Stock Performance - Amazon's shares have risen only 5% over the past year, indicating a lag behind its peers in the tech sector [6]. - The stock currently trades at 32 times trailing price-to-earnings (P/E), which is considered relatively affordable compared to competitors [4][6]. Group 2: Market Position and Strategy - Amazon's dominance in retail and cloud services positions it well for future growth, particularly as AI adoption increases [4]. - The company has unveiled new AI agents that could enhance its competitive edge in the AI enterprise market [3]. Group 3: Future Outlook - Analysts believe that quarterly earnings will be crucial in determining Amazon's stock trajectory moving forward [5]. - Evercore ISI has set a price target of $335 for Amazon, suggesting a potential upside of 45% from current levels [6].