Thursday, March 21, 2024

Jim Cramer Likes Jeff Bezos' Amazon Over Shopify, But Says It 'Does An Absolutely Terrific Job..

In a recent segment of CNBC's "Mad Money," renowned market commentator Jim Cramer expressed his support for Shopify Inc. (NYSE:SHOP), positioning the company as a strong player in the e-commerce industry alongside rival Jeff Bezos' Amazon. During the Lighting Round segment of the show, Cramer gave a nod of approval to Shopify, highlighting its impressive performance with small and medium-sized businesses.

Cramer praised Shopify's user-friendly platform and its ability to help these businesses expand their online presence and reach a wider audience. He noted that Shopify's recent partnership with Facebook (NASDAQ:FB) is a significant move that will help the company further capitalize on the growing e-commerce market.

Cramer also pointed out that Shopify's stock has been performing well, with a 50% increase in the past year, and he believes the company has a lot of room for growth....

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Image In a recent segment of CNBC's "Mad Money," renowned market commentator Jim Cramer expressed his support for Shopify Inc. (NYSE:SHOP), positioning the company as a strong player in the e-commerce industry along with rival Jeff Bezos ' Amazon .

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