Jim Cramer Says Amazon Web Services Is Worth $120 Billion

Jim Cramer thinks Amazon Web Services is worth upwards of $120 billion, or one third of the company's $312 billion market cap.
Author:
Publish date:

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer believes Amazon (AMZN) - Get Report Web Services is worth upwards of $120 billion, representing one third of the company's $312 billion market cap. Amazon reported its most profitable quarter ever on Thursday.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.