We recently published 9 Stocks Jim Cramer Talked About. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer talked about.
Tech giant Alphabet Inc. (NASDAQ:GOOGL) has become one of Cramer’s top stocks in recent months. His change in tone is quite marked, since in early 2025, the CNBC TV host distrusted the company due to its problems with the Department of Justice. Shares of Alphabet Inc. (NASDAQ:GOOGL) have risen 70.5% over the past year and have been flat so far this year. Citizens maintained an Outperform rating and a $385 stock price target for the company in February. Artificial intelligence was at the center of coverage as the company noted that Alphabet Inc.’s (NASDAQ:GOOGL) competition with Gemini was allowing the company to expand its total addressable market in the search engine space. Roth/MKM raised their price target on the stock to $395 from $365 and maintained a Buy rating. He noted that Alphabet Inc.’s (NASDAQ:GOOGL) third-quarter earnings saw the company beat estimates in the search engine, cloud computing and subscription segments. Like Roth, Cramer is also impressed by the earnings report:
“I really want to get Alphabet out of this, because Alphabet has, better, man, you know they have a better order book.
“But I want to buy Alphabet, because they have this, this backlog, they already know the performance obligations, they are catching up, it’s huge. I was surprised, Alphabet is on fire, for cloud, on fire, it’s fantastic.
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.
READ NEXT: 30 stocks that should double in 3 years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article was originally published in Internal jumpsuit.