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Amazon (AMZN) Earnings Preview: Jim Cramer Highlights Resilience Amid Market Slump
Amazon (AMZN) Earnings Preview: Jim Cramer Highlights Resilience Amid Market Slump
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Amazon shares hover NEAR $189 ahead of Thursday’s Q1 earnings report, recovering from a double-digit decline to a modest 2% monthly drop. Analysts anticipate a potential post-earnings rally, with CNBC’s Jim Cramer calling the stock "too good to ignore" at current levels.
Despite tariff pressures on e-commerce, Cramer emphasized Amazon’s ability to leverage low-cost staples during his ’Mad Money’ commentary. The company’s infrastructure and pricing power position it for breakout potential, with markets watching for confirmation in tomorrow’s results.
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