We recently published 10 Stocks on Jim Cramer’s Radar. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer talked about recently.
In Alphabet Inc.’s (NASDAQ:GOOGL) earnings report, its shares rose 4% after beating analysts’ revenue and earnings per share estimates and reporting a cloud backlog of $155 billion. Cramer analyzed the earnings report and compared the company’s cloud business to Amazon:
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“Yeah, and you know Thomas Curry, he doesn’t get credit on the call, but he made Google Cloud. And Google Cloud is a monster. People are going to talk about Google Cloud tonight compared to Amazon, now the shoes for Amazon are big now. I don’t know, as much as the long knives are out for Mark, they might be out for Jassy as well. All of these people have taken a kind of shared approach, it’s Andy versus Mark. I mean, I don’t know how that happened. Even Philipp (Philipp Schindler, commercial director) was given a lot of freedom and was on the Alphabet conference call. It was a tour de force, tour de force conference call.”
While we recognize GOOGL’s potential as an investment, our conviction lies in the belief that some AI stocks have more promise for generating higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out our free report on the best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.