Jim Cramer Says 'I Will Defend Amazon' After $200 Billion Spending Plan Triggers Selloff, Calls Google 'The Prize'

Jim Cramer came to Amazon.com Inc’s (NASDAQ:AMZN) defence connected Friday morning, adjacent arsenic helium acknowledged a cardinal displacement successful the market’s narration with mega-cap exertion stocks.

Despite Amazon’s decline, large indices posted gains connected Friday. The S&P 500 roseate 0.96% to 6,863.56, portion the Nasdaq-100 gained 0.88% to 24,764.51.

Speaking earlier Friday’s marketplace open, Cramer, CNBC’s “Mad Money” host, said connected X, “I volition support Amazon today. But it did commercialized to 197 yesterday arsenic radical recognize, similar we did, that the Mag 7 is nary more. But it is Google that is the prize.”

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The “Magnificent 7” often shortened to “Mag 7” consists of 7 high-performing, large-cap exertion stocks: NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META), Amazon, Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG), Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA).

I volition support Amazon today. But it did commercialized to 197 yesterday arsenic radical recognize, similar we did, that the Mag 7 is nary more. But it is Google that is the prize

Amazon reported fourth-quarter nett income of $213.39 billion, beating Wall Street expectations of $211.30 billion. However, CEO Andy Jassy‘s announcement that the institution expects to walk astir $200 cardinal successful superior expenditures successful 2026 spooked investors.

See Also: It’s nary wonderment Jeff Bezos holds implicit $250 cardinal successful creation — this alternate plus has outpaced the S&P 500 since 1995, delivering an mean yearly instrumentality of 11.4%. Here’s however mundane investors are getting started.

On Thursday, Cramer acknowledged near-term unit connected the stock, stating connected X: “I americium not going to accidental Amazon’s overdone connected the downside due to the fact that one fig tomorrow’s beauteous ugly. I americium saying that there’s a crushed for the walk that tin beryllium justified.”

While defending Amazon, Cramer singled retired Alphabet arsenic “the prize” among exertion stocks. Google precocious sparked a rally successful semiconductor stocks aft sharply raising its 2026 superior spending forecast to $175 cardinal to $185 billion, signaling beardown request for AI infrastructure.

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