Despite slowing revenue in its flagship e-commerce service, Amazon.com is the leader in the sector by far. No other company is an even close rival; Walmart.com is a distant second. Amazon’s cloud business has the largest market share in the industry.
Alphabet’s Google division holds the high ground and the biggest market share in online advertising. Meta, the parent of Facebook, has flagging revenue. Amazon may pose a modest challenge in the next several years. However, Google should keep its place at the top of the sector for years.
Microsoft is the leader in personal computer operating systems, is one of the two largest game console companies, and follows only Amazon in the cloud industry.
Tesla is, and probably will be, the leader in electric-car sales worldwide. Several smaller companies have tried to edge into the business. However, most of those are short on unit sales and cash. The world’s biggest car companies want to challenge Tesla but are years behind in product development.
Cramer is almost certainly right about his list. It is made up of companies with overwhelming sales and product advantages.
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