Cramer Remix: Amazon's trillion-dollar valuation seems too low
https://www.cnbc.com/2018/09/04/cramer-remix-amazons-trillion-dollar-valuation-seems-too-low.html
After Amazon's market cap reached $1 trillion on Tuesday, making it the second public U.S. company to hit the milestone valuation after Apple, CNBC's Jim Cramer floated a theory for what brought the e-commerce giant to new heights.
"Here's a perfect example of what happens when Wall Street views a company not as an earnings-per-share situation — where Facebook finds itself — but as what's known as a total addressable market, or TAM, play," the "Mad Money" host said.
Cramer Remix: Amazon's trillion-dollar valuation seems too low
Sep 4, 2018, 11:22pm UTC
https://www.cnbc.com/2018/09/04/cramer-remix-amazons-trillion-dollar-valuation-seems-too-low.html
> After Amazon's market cap reached $1 trillion on Tuesday, making it the second public U.S. company to hit the milestone valuation after Apple, CNBC's Jim Cramer floated a theory for what brought the e-commerce giant to new heights.
> "Here's a perfect example of what happens when Wall Street views a company not as an earnings-per-share situation — where Facebook finds itself — but as what's known as a total addressable market, or TAM, play," the "Mad Money" host said.