AMZN - How Amazon Reached $1T - Cramer's Mad Money (9/4/18)
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday, September 4.
Amazon (AMZN) was the second company after Apple (AAPL) to hit the $1T mark. "Here's a perfect example of what happens when Wall Street views a company not as an earnings-per-share situation, but as what's known as a total addressable market," said Cramer.
Facebook (FB), which is another part of FANG, is undergoing a painful transition and its shareholder base is changing. As the users move to less profitable Instagram, the company's shareholders are changing from growth