I Thought Alphabet (GOOGL) Was "Going to be Destroyed," Says Jim Cramer

We recently published Jim Cramer Discussed These 11 Stocks & Commented On A Market Reversal. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer discussed.

Jim Cramer's opinions about Alphabet Inc. (NASDAQ:GOOGL) at the start of the year and at its close are perhaps as different as they can be. At the year's start, the CNBC TV host had sold the shares as he was worried about the Justice Department's actions against the firm. Yet, even though he was worried about the legal woes, Cramer has nevertheless stood by Alphabet Inc. (NASDAQ:GOOGL) when it comes to quantum computing. More recently, he has started to lavish praise on the firm's YouTube business, and as the market dropped, he used the firm as an example of a great holdout and being a survivor:

"It was a shock, because remember, I had thought they were going to be destroyed. The Paul Weiss lawyer that I spoke to  no longer with the company, but told me you don't know what you're talking about, we are going to win, there's going be a reversal on everything. It was clairvoyance, it was almost like they used Paul Weiss' defense brief.

"This YouTube is a juggernaut, and it doesn't stop. Philip Schindler, these guys are so smart. "See now there, there's different, when I talked about last night, which is that wait and see what's kind of holding, Google is great. . .these are the new anointed ones, they're the survivors. Okay?"

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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.