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.