Amazon.com, Inc. (NASDAQ:AMZN) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer expects huge returns on the company’s data center investments, as he remarked:
Data centers are about to give the believers extraordinary returns. I mean, unbelievable returns. The money’s worth it. We just can’t tell it yet because right now there are only two publicly traded winners: Amazon and Alphabet. After talking to Andy, I now believe that both Amazon and Alphabet have ensured years and years of colossal profits because they’re spending tens of billions now to make hundreds of billions later.
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Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators. Cramer mentioned the company during the May 4 episode and said:
I’m talking about Amazon and its CEO, Andy Jassy. Higher interest rates can fell many a company, but if you want to guess who’d be the last man standing, you could do a lot worse than betting on Amazon with a stock that rallied $3.79 today. If there were a Kalshi bet about which company could thrive with a crimped consumer, it will somewhat oddly be Amazon, because their goal is always to keep prices as low as possible, making the ultimate trade-down play.
There’s a reason we own this one for the Charitable Trust. I’m in awe of how Amazon’s become all encompassing in so many aspects of our lives today… When I hear things like that, I try to figure out how much Amazon means to America, means to you. No one has ever been that big a factor to our growth since Standard Oil got broken up for monopolizing the oil market over a century ago…
The tech giant reported a really fabulous quarter last week, driven by their booming Amazon Web Services business for cloud infrastructure and AI. While this is still one of the largest retailers in the world, AWS alone has an annual revenue run rate of $150 billion. And they keep adding more to the story on a pretty regular basis. From setting up their own low-earth orbit satellites for internet service to offering their supply chain services to anyone who wants it, it’s at the heart of the computer-driven economy.
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.
