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Cramer Sees Amazon.com (AMZN) At $150

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Cramer Sees Amazon.com AMZN At $150

Jim Cramer said on CNBC's Stop Trading, Listen to Cramer that Amazon.com (NASDAQ: AMZN) will go to $150.

He thinks that we had a little bit of shake up in this stock because people thought that Amazon (AMZN) did not give a good level of guidance.

Cramer added that Amazon (AMZN) is a prime online retailer and AMZN has perhaps been sandbagging investors with the guidance. He believes that Amazon (AMZN) is ready to go up now, and its story is not even similar to Google (NASDAQ: GOOG) which lost China.

Amazon (AMZN) jumped 2.42% today and closed at $147.10.

Posted-In: Jim CramerCNBC Long Ideas Jim Cramer Media Trading Ideas

 

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