We recently published 10 Stocks on Jim Cramer’s Radar. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.
Alphabet Inc. (NASDAQ:GOOGL)’s earnings report saw its shares jump by 4% after it beat analyst revenue and EPS estimates and reported a $155 billion cloud backlog. Cramer discussed the earnings report and compared the firm’s cloud business to Amazon:
Pixabay/Public Domain
“Yes and you know Thomas Curry, he doesn’t get credit at the call, but he did Google Cloud. And Google Cloud is a monster. People are going to be talking about Google Cloud tonight compared to Amazon now the shoes for Amazon are now big. I don’t know, as much as the long knives are out for Mark, they might be out for Jassy, too. These people have all taken kind of the share approach, it’s Andy versus Mark. I mean, I don’t know how that happened. Even Philipp’s [Philipp Schindler, Chief Busines Officer] being given a lot of latitude he was on the conference call for Alphabet. It was a tour de force conference call, tour de force.”
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.