Jim Cramer praised Amazon.com Inc. (NASDAQ:AMZN) for its “spectacular” first-quarter performance. He also commented on the performance of other companies in a recent post.
What Happened: On Wednesday, Cramer took to X, formerly Twitter, to express his views on the recent quarterly performances of some major companies.
He first lauded Amazon’s Q1 performance, calling it “spectacular" and noted that "gathering momentum in EPS, free cash flow, gross margins, and orders for AWS” as factors contributing to this extraordinary quarter for the Jeff Bezos company.
"Extraordinary quarter," Cramer remarked.
I don't think it will matter but the Amazon quarter was spectacular and the guide was almost boilerplate given the gathering momentum in eps, free cash flow, gross margins and orders for AWS. Extraordinary quarteri — Jim Cramer (@jimcramer) May 1, 2024
He then shifted his focus to other companies, describing the night as “insane.”
He mentioned that Super Micro Computer Inc. (NASDAQ:SMCI) had a tough night despite a ...