Jim Cramer continues his flip at 180 degrees on Amazon.com, Inc. (Amzn)
We have recently published Jim Cramer just couldn’t stop talking about these 13 actions. Amazon.com, Inc. (Nasdaq: Amzn) is one of the actions that recently discussed Jim Cramer.
Amazon.com, Inc. (Nasdaq: Amzn) was on the Radar of Jim Cramer recently because of his Cloud Computing division. The actions of the company dropped 8% earlier this month after its profits report revealed disappointing growth figures for the AWS Cloud Computing division. Cramer’s immediate reaction was to criticize Amazon.com, Inc. (Nasdaq: AMZN) for having used his internal trainium fleas because he thought that the company’s cloud customers were in place of the NVIDIA GPU. However, he has since changed his mind and believes that Amazon.com, Inc. (Nasdaq: Amzn), the approach of Andy Jassy d’Andy Jassy, the costs of balancing with IT is the right one. In these remarks, Cramer has commented again the trainium:
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Here is what Cramer has already said on Amazon.com, Inc. (Nasdaq: Amzn) and Trainium:
“Take a look at the Morgan Stanley room today. The most important research piece I have read for a long time. By Brian Nowak. Who was the skeptic, on the conference call. It may be, there are, it is, Andy Jassy, of Amazon, maybe he is under penchant. All right. Now Andy then gave a very long soliloquy, there was a study, but we did research. [inaudible].
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