Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently provided insights on. Cramer called it an “amazing company,” as he commented:
“Amazon’s an amazing company. Retail is terrific. Prime’s great. They’re fixing Alexa… But all that matters this week is Amazon Web Services’ growth rate. It was growing at 70.5% last quarter, I know, much slower than Azure, but it’s also much bigger. People are buzzing about that number reaccelerating. I think we need to see at least 20%, 20% growth and we need a real positive outlook from the company, no more meandering, no more musing, just positive.
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Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores. The company also produces electronics and media content, operates AWS, and provides platforms for third-party sellers and content creators.
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Disclosure: None. This article is originally published at Insider Monkey.
