Amazon Web Services Is Worth Two-Thirds of Amazon's Market Cap: Jim Cramer

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said Amazon (AMZN) - Get Report Web Services is worth almost two-thirds of the company's market cap.

Amazon's market cap stands at $476 billion.

Watch all of Jim Cramer's latest videos, right here:

• Video: Jim Cramer Reacts to General Electric's Dividend Worries
• Buy BlackRock Shares When They Come In, Jim Cramer Says
• Watch: Jim Cramer Previews Bank Earnings
• Jim Cramer: Snap Is Not a Stock I Particularly Like
• Jim Cramer: Micron Wants to Pay Down Its High Debt
• Watch: Jim Cramer Reveals What to Watch in Domino's Pizza Earnings