Reported 23 days ago
In a recent segment on CNBC, Jim Cramer discussed Amazon.com (AMZN) amidst the backdrop of President Trump’s tariffs and the current volatility in the stock market. Cramer expressed confidence in Trump’s strategy to boost domestic manufacturing and highlighted Amazon's strong position in eCommerce and cloud computing. Despite a bearish sentiment affecting Amazon's stock, Cramer noted the company's pricing power and ongoing demand, reinforcing his belief in its potential as a strong investment.
Source: YAHOO