Jim Cramer on Alphabet: "That Stock's Been a Horse"

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks that Jim Cramer weighed in on. During the episode, Cramer had a bullish sentiment on the stock, as he said:

“Let’s talk about Alphabet, parent of Google. That was the star of the after-hours show, beating sales and earnings estimates and delivering strong numbers in the cloud, AI, even in Search, where there were concerns that Gemini, their AI bot, might be cannibalizing that incredibly valuable franchise. Gemini, turns out, has 450 million monthly average users. That’s fantastic. One of the big reasons why the stock exploded during the conference call…

All parts of the data centers are strong. We know that even from tonight, with the numbers from Alphabet, which is putting in a lot more CapEx than anyone thought they would… You know what? People are going nuts for Alphabet today, and that’s going to spill over tomorrow. That stock’s been a horse.”

Alphabet (NASDAQ:GOOGL) provides digital products, advertising services, cloud solutions, and enterprise tools, while also exploring innovations in healthcare and other emerging technologies. The company’s products include platforms like Search, YouTube, Google Cloud, and a suite of productivity and AI tools.

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Disclosure: None. This article is originally published at Insider Monkey.