We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. Alphabet Inc (NASDAQ:GOOGL) is one of the stocks discussed by Jim Cramer.
Technology giant Alphabet Inc (NASDAQ:GOOGL) is one of Jim Cramer’s favorite stocks in the sector. The shares are up by 121% over the past year and by 21% year-to-date. TD Cowen discussed the firm on May 13th. It kept a Buy rating on Alphabet Inc (NASDAQ:GOOGL)’s shares and reiterated a $450 share price target. It discussed the technology company’s Waymo autonomous driving business and remarked that passenger journeys had grown by 92% in March 2026 to indicate growing momentum in the business. Two days later, Bank of America reiterated a $430 share price target and a Buy rating for Alphabet Inc (NASDAQ:GOOGL)’s shares. The financial firm outlined that the technology company should announce a wide range of AI-related announcements at its upcoming developer event. As for Cramer, he has repeatedly praised Alphabet Inc (NASDAQ:GOOGL)’s quantum computing and AI initiatives over the course of the past several months. In a tweet, he commented on the updates by the firm at its I/O developer event:
“If you doubt the power of the new Google release, go read the report of Ben Reitzes from Melius on Google and agentics. Alphabet remains crucial position in charitable trust”
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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