Jim Cramer Notes That "The Gemini 3 Improvement Was Very Good News for Google"

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed. Cramer highlighted the company’s Gemini 3 improvement, as he commented:

“The Gemini 3 improvement was very good news for Google and all the stocks connected to the AI efforts… So Google stock soared, as did Broadcom, which helped make the custom processors that were used to train Gemini 3. Hey, same goes [for] Celestica, remember that one, CLS, the contract manufacturer, and a couple of similar networking equipment vendors we don’t talk much about, Lumentum, TTM Technologies… The five stocks in the Google complex were all flat or positive in November, up nearly 18% on average… I need to warn you about chasing these ideas. If you want to buy the Google complex names I just mentioned, you’re probably a bit late. The gains from Gemini 3 already seem to be baked in. Quite a move. More importantly, last month showed us how quickly things can change in the AI space.”

Alphabet Inc. (NASDAQ:GOOGL) provides tech-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms like YouTube and Google Play.

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