Publish date:

Jim Cramer: People Haven't Focused on Amazon's Advertising Business

Amazon's advertising business could be worth $190 billion according to Piper Jaffray analysts.
Author:

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer was impressed by Piper Jaffray's latest note on Amazon's (AMZN) - Get Amazon.com, Inc. Report advertising business, which they say could be worth as much as $190 billion.

The analysts even expect advertising profit to outpace Amazon Web Services profit in the next three years. 

Amazon is the largest holding for Cramer's charitable trust, Action Alerts PLUS.

TheStreet Recommends