Amazon’s (AMZN) Retail Will Help, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Talked About.  Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks that Jim Cramer talked about.

Retail and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are down by 15% over the past year and by 10.8% year-to-date. The stock fell sharply yesterday after the firm revealed its plan to spend $200 billion in capital expenditure. Ahead of the earnings, Stifel and UBS had discussed Amazon.com, Inc. (NASDAQ:AMZN). UBS slightly lifted the share price target to $311 from $310 and kept a Buy rating on the stock. The bank commented that the company’s share price value was not reflective of the fact that its Amazon Web Services (AWS) revenue could double by 2028. Like UBS, Stifel also increased Amazon.com, Inc. (NASDAQ:AMZN)’s share price target. It lifted the target to $300 from $295 and kept a Buy rating. Stifel outlined that the technology company’s advertising business was performing well and its eCommerce business had…