There have been a number of technology companies that have overpaid for acquisitions but Amazon.com is not one of them, says TheStreet’s Jim Cramer. He said Amazon.com is putting billions of dollars into India and ‘will get a great return.’ Apple CEO Tim Cook is also pushing into India as well, so clearly it is a big target for big-cap technology’s weightiest players. Cramer said Alphabet overpaid by way too much for Nest and Amazon deserves to trade higher.
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