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Jim Cramer says Amazon is back, sees a path to even greater upside on the stock - TL;DR CNBC

Jim Cramer says Amazon is back, sees a path to even greater upside on the stock

Publishing timestamp: 2023-09-14 10:28:52


Summary

The article discusses CNBC's Jim Cramer commending Amazon's recent efforts to improve profitability. A research note from Morgan Stanley suggests that Amazon's stock could see additional upside if its North American retail business becomes more profitable. Cramer praises Amazon's management for figuring out how to make a lot of money again. Despite Amazon's stock reaching its highest levels of the year, there is still potential for further growth. The article also mentions Amazon's cost-cutting measures and the potential for improved margins in its retail business.


Sentiment: POSITIVE

Tickers: AMZN

Keywords: jim crameramazon.com incinvestingclubsamplebreaking news: technologybusiness newsbreaking news: marketstechnologymarketsstock takesinvestment strategy

Source: https://www.cnbc.com/2023/09/14/jim-cramer-says-amazon-is-back-sees-a-path-to-even-greater-upside-on-the-stock.html


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