Jim Cramer Turns Bullish on Amazon After Morgan Stanley Adds AMZN to Vintage List

Amazon's stock received a vote of confidence from CNBC's Jim Cramer after Morgan Stanley included it in its Vintage Values list—a selection of 16 mid- to large-cap stocks poised for superior risk-adjusted returns. The e-commerce giant has already surged 24% over the past year, and Cramer's endorsement reinforces Optimism around its continued growth.

Initially critical of Amazon's cloud performance due to its reliance on in-house chips, Cramer reversed his stance after reviewing a Morgan Stanley research piece. "This is the most significant analysis I've read in a long time," he remarked on *Mad Money*, highlighting a shift in perception toward CEO Andy Jassy's strategic spending.

Despite a minor dip following Prime Week 2025 data, Amazon's momentum remains strong, with 5.4 million new U.S. Prime members added during the event. The market now watches whether institutional validation and Cramer's bullish take will fuel further gains.