We recently published 8 Stocks Jim Cramer Discussed & Mentioned An Important Quantum Computing Development. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer discussed.
Jim Cramer has turned increasingly bullish on Google’s parent Alphabet Inc. (NASDAQ:GOOGL). Over the course of several appearances, he has discussed the firm’s cloud business, the dominance of its YouTube platform, and its quantum computing business. Along with IBM, Cramer believes that Alphabet Inc. (NASDAQ:GOOGL) is a great stock when it comes to quantum computing. In this appearance, he discussed how he had sold the shares earlier on worries about the Justice Department’s actions against the firm and the court ruling in Alphabet Inc. (NASDAQ:GOOGL)’s favor:
Pixabay/Public Domain
“Well, look, I, what a great company. And I did sell it because of the Justice Department, because the Justice Department said they were so dominant. I should have realized, why not buy the dominant company? But I mistakenly thought that the, judge who was so against and called them a monopolist, in the end, said you know what, I’m glad that Apple’s getting the check for 20 billion for them because then they can compete!”
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Disclosure: None. This article is originally published at Insider Monkey.