Alphabet Inc. (NASDAQ:GOOGL) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. Cramer was bullish on the company during the episode, as he remarked:
Next member of the club, Alphabet. Oh, there’s a lot to like here: YouTube, the largest video company in the world, Waymo, the number one self-driving car and search, including Google and Gemini, and Google Cloud, which is the best horse that I want to bet on. Multiple revenue streams, higher price, look out, NVIDIA.
Photo by Kai Wenzel on Unsplash
Alphabet Inc. (NASDAQ:GOOGL) provides technology-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms such as YouTube and Google Play. It was one of the companies mentioned by Cramer during the May 5 episode, as he commented:
What else? You need to have a cloud infrastructure to run the models. Think Google Cloud, Microsoft’s Azure, Amazon Web Services. You also got that stuff that… Meta is up to. Microsoft is Azure. Finally, sitting on top, there’s the interface that started it all: ChatGPT from OpenAI along with Claude from Anthropic, Gemini from Google and several others.
Here’s what you need to know about this compute led AI economy: It’s so much broader than anyone ever seems to believe, especially even just two years ago. Apple uses Gemini for its AI so that’s a gigantic number. They have 160 million people in America that have Apple phones. Maybe they’re going to be on Gemini all the time.
While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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