“This Stock Should Be Up Much More,” Says Jim Cramer

We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.

Cramer regularly discussed tech mega-cap Alphabet Inc. (NASDAQ:GOOGL) ahead of its earnings. The firm’s shares have reversed course in July and are up by 1.9% year-to-date, primarily due to July’s 9.9% gain. Before the report, Cramer was explicit in sharing that he regretted selling Alphabet Inc. (NASDAQ:GOOGL)’s stock. This time, he discussed the firm’s businesses and shared that the stock should be higher after the earnings:

[GOOGL]”[On earnings report] Yeah, look cloud was important. I think the big focus is frankly, uh, that paid clicks picked up 4%. I mean I was thinking paid clips might be down, I was worried that I felt that this was the beginning of the erosion and the cannibalization versus Gemini. That was completely wrong. YouTube up 200 million. Really, really fantastic. . . .Look the story here is this that the more chips that they get, better they’re doing. They have so much demand I was quite surprised.

Alphabet Inc. (GOOGL): "This Stock Should Be Up Much More," Says Jim Cramer
Alphabet Inc. (GOOGL): “This Stock Should Be Up Much More,” Says Jim Cramer

20 New Technology Trends for 2024

“This stock should be up much more than that.

While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see 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 is originally published at Insider Monkey.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Imported dogs 'posing risk to UK', RSPCA warns

Imported dogs ‘posing risk to UK’, RSPCA warns

Kath Stanczyszyn, Victoria Archer & Alan Haslam England Longform Investigations Getty Images Thousands of foreign rescue dogs are sold via social media every year A leading animal charity has called for all dog rescue organisations to be licensed amid growing concerns of behavioural issues and disease risks in imported pets. Thousands of dogs are brought

28 July 2025
Community reacts after more than 30 cars vandalized in Quincy

Community reacts after more than 30 cars vandalized in Quincy

Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways Quincy Police say they found more than 30 cars vandalized Saturday in a few different locations. Surveillance video shows the suspect targeting multiple cars

28 July 2025
Aonther red light with construction in the background

What Are The Blue Lights On Some Florida Traffic Signals Used For?

Drivers in certain areas of Florida like Gainesville, Fort Myers, Orlando, and Collier County, have begun noticing odd little blue lights mounted on the top of some traffic signals. What are they there for? In spite of what you or your passengers may have speculated, they have nothing to do

28 July 2025
A statue of Jack Daniels, outside of Cave Springs Hollow on the Jack Daniels Distillery property

Is Jack Daniels Considered Bourbon Or Whiskey?

When it comes to bourbon, people have opinions. Like, strong opinions. And one of those opinions at the top of the list is: what exactly should be considered bourbon? And that brings us to the point of this article — is Jack Daniels a bourbon whiskey or not? To start, Jack Daniels doesn’t call itself a bourbon.

27 July 2025

Good News About Industrial Economy Isn’t Helping, Says Jim Cramer

We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. Dow Inc. (NYSE:DOW) is one of the stocks Jim Cramer recently discussed. Dow Inc. (NYSE:DOW) is one of the largest chemical companies in America. The firm’s shares have lost 35% year-to-date, primarily on the back of a massive 26%

27 July 2025

Northrop Grumman Corporation (NOC) Has Strong Worldwide Sales, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Talked About As He Said Everyone Won From Trump’s Japan Deal. Northrop Grumman Corporation (NYSE:NOC) is one of the stocks Jim Cramer recently discussed. Northrop Grumman Corporation (NYSE:NOC) is a well-known defense contractor with a presence in the aircraft and missile industries. Its shares have gained 22% year-to-date,

27 July 2025