Alphabet Inc. (GOOGL) CEO Could've Said He's Not Happy With Antitrust Lawsuit Outcome, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Discussed As Part Of His Big Tech Deep Dive. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.

Alphabet Inc. (NASDAQ:GOOGL)’s CEO, Sundar Pichai, also attended the summit. The CEO came fresh off the heels of a major court victory, which not only allowed it to pay Apple to make its search engine the default on the iPhone but also saved it from selling its Chrome web browser. Cramer discussed Alphabet Inc. (NASDAQ:GOOGL)’s antitrust lawsuit and wondered if the President could cite Apple as an example to make the firm invest more in the US:

“But these other people, these are the people that are the, it’s the Magnificent 6 down there. We’ve got the powerhouses that have all committed to doing more. I’d like to see if everyone’s going to make commitments like the way Tim Cook has. Who has put up, you know, the $600 billion over the four years. It’s incredible. I think this is, you know this is kind of what the administration [inaudible] initially was telling me. Which is that, it won’t be like Biden, who would never have these people. It’s going to be the opposite. These are the people who know more, and we’re going to have them in. Obviously the President’s talking about, the administration’s talking about how they don’t think that the lawsuit was too much of a victory for the government. Remember this is the lawsuit for Meta against Google and that they’re not happy with it. But the only way you can say you’re not happy, really is, appeal. But that’s, these people are not. I mean I don’t know there’s Sundar Pichai, maybe he says to them, you know what, I’m not happy with the lawsuit, I’m not happy with the verdict. That’s so unusual. It’s so unusual to have a President say that to someone that, kind of just beat the government.

“But this is a very different time. I expect something consequential to come out of this. I just can’t even figure out what it’ll be.

“I think it’s entirely possible, that, the President could say, Tim Cook, has done X. What have you guys done? What have you guys done? Like Mark Zuckerberg, you went on and on about how you liked me, but where’s your AI factory?”

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.