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Amazon.com (AMZN): Once You're In, You Never Cancel – Jim Cramer on Why Prime is King
Amazon.com (AMZN): Once You're In, You Never Cancel – Jim Cramer on Why Prime is King

Yahoo

time29-03-2025

  • Business
  • Yahoo

Amazon.com (AMZN): Once You're In, You Never Cancel – Jim Cramer on Why Prime is King

We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other subscription stocks that Jim Cramer recently talked about. On Monday, Jim Cramer discussed the insights of chartist Bob Lang, who expressed an optimistic view about a number of subscription-based stocks. Mad Money's host said: 'Of course, the one thing we don't have in this environment is any sense of certainty and when the fundamentals are uncertain, I like to fall back on the technicals and that's why tonight, we're going off the chart with the help of Bob Lang.' Cramer pointed out that in today's unpredictable market, where the fundamentals often lack clarity, he tends to rely on technical analysis and this is where Lang's expertise comes in. Cramer explained that Lang, who founded and authored Know Your Options, is known for his ability to read charts and identify promising stocks. READ ALSO: Jim Cramer Focused On These 9 Stocks Recently and Jim Cramer Talked About 7 Stocks & Stagflation Fears The focus of Lang's analysis was on consumer-oriented companies that can still perform well, even when economic conditions slow down. According to Lang, businesses with strong subscription models are particularly appealing in such an environment. Cramer echoed the sentiment, saying he has always been a fan of subscription-based models and fully agreed with Lang's perspective. Cramer also turned his attention to several technical indicators that can help predict potential changes in a stock's direction, specifically the Moving Average Convergence/Divergence (MACD). He explained that it is a tool that technicians, like Lang, often rely on. Cramer explained that the MACD is a powerful momentum indicator, capable of identifying shifts in a stock's trajectory before they occur. By acting on these early signals, investors can position themselves ahead of potential price movements. Another important tool Cramer mentioned was the Chaikin Money Flow, which tracks the buying and selling pressure of a stock, providing further insight into a company's potential performance. For this article, we compiled a list of 5 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 24. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders: 339 Cramer mentioned Inc. (NASDAQ:AMZN) during the episode when he was highlighting that companies that stand a chance to weather a slowdown are those that have terrific subscription-based business models. 'Once people get locked to a great service, they almost never cancel, whether it be Costco, Amazon Prime, Netflix.' Amazon (NASDAQ:AMZN) has established itself as a dominant player in the global technology industry, with a broad array of services that encompass e-commerce, advertising, and subscription-based offerings. Burke Wealth Management stated the following regarding the company in its : ' Inc. (NASDAQ:AMZN): Whereas most of the discussion around Amazon focuses on trends in its AWS business, our focus has been on the progression of margins in its retail business. Happily, both units appear to be on the upswing which drove strong fourth quarter share price performance. In AWS, Q3 sales growth was a solid 19% and the run rate of the business is now $110B. Equally encouraging is that margins were 38%, marking the third consecutive quarter that AWS operating margins were in the 36%-38% range after spending the last two years in the 28% range. This margin gain is being driven by demand for higher value applications as well a benefit from extended life usage across its data center architecture. On the retail front, the margin story remained in full force with North American margins reaching 5.9% in the third quarter and International margins delivering positive results (+3.6%) for the third straight quarter after 10 straight quarters in negative territory. CEO Andy Jassey has pointed out that Amazon's efforts to reconfigure its distribution network from a centralized to a regional network has yielded productivity gains and that he sees no reason why retail margins in North America can't meet or exceed previous record levels. We think a consistent run towards the high-single-digit range is likely. International retail sustaining profitability would be an added bonus and this great white whale finally seems within our grasp as Amazon reaches critical mass across numerous large international markets.' Overall, AMZN ranks 2nd on our list of subscription stocks that Jim Cramer recently talked about. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Pi Network price crashes 42% ahead of mainnet launch, investor skepticism grows
Pi Network price crashes 42% ahead of mainnet launch, investor skepticism grows

Express Tribune

time19-02-2025

  • Business
  • Express Tribune

Pi Network price crashes 42% ahead of mainnet launch, investor skepticism grows

Listen to article The price of Pi Network (PI) IOU has taken a sharp downturn, dropping 42% in the past 24 hours, as growing doubts about its upcoming mainnet launch on February 20 weigh on investor sentiment. The steep decline reflects mounting skepticism surrounding the altcoin, particularly amid persistent rumors that Pi Network operates as a pyramid scheme. These concerns have made it increasingly difficult for the token to gain traction, with many investors remaining uncertain about its long-term viability. Bearish Sentiment Intensifies Technical indicators suggest that bearish momentum is accelerating for Pi Network (PI) IOU. The Relative Strength Index (RSI), which briefly entered overbought territory, has now seen a sharp reversal, indicating growing selling pressure. While the RSI remains above the neutral 50.0 level, the sudden downtick highlights the market's hesitation. Historically, when assets enter overbought zones and then drop, further declines often follow. Adding to concerns, the Chaikin Money Flow (CMF) indicator, which measures capital inflows and outflows, has been trending downward since the start of the month. Despite occasional recoveries, the CMF has failed to sustain positive momentum, signaling that outflows continue to dominate inflows. Such trends indicate a lack of investor confidence, reinforcing fears that the token may struggle to regain lost ground in the near term. Key support levels and price outlook PI IOU currently trades at $72, after failing to establish $130 as a support level, triggering a sharp selloff. With selling pressure mounting, analysts warn that the price could face further downward pressure if confidence in the project does not improve. The next critical support level sits at $63—a break below this threshold could push the price down to $47, further deepening investor losses. Conversely, if PI manages to hold above $63 and rebound, it could make another attempt to breach the $130 resistance level. A successful push beyond $130, flipping it into a support level, would invalidate the bearish outlook and set the stage for a potential recovery. However, given the current sentiment, such a reversal remains uncertain without a shift in investor confidence. As the mainnet launch approaches, market watchers will be looking for signs of stability and stronger buy-side support. Until then, volatility and downside risk remain high for Pi Network's price trajectory.

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