Jim Cramer Highlights Alphabet's Diverse Portfolio

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer answered questions about. Starting the round of “Am I Diversified?”, a caller mentioned that their top five portfolio holdings are JPM, GOOGL, BA, PG, and AVGO. Cramer commented:

“Let’s go to work in a year of practical investing, it’s upcoming…. Okay, so Broadcom, we know is that great semiconductor, fabulous semiconductor company that’s in, just riddled through the data center. I love it. Big position. Boeing is probably… right now, my favorite stock for the next three months. It’s doing great. Procter’s the other one. We have a new CEO coming in, obviously personal care products…

JPMorgan is, to me, my number two bank after Wells Fargo. They hate to hear that. They get very upset. And then Alphabet is, you can say, well, is that too close to Broadcom? No. Alphabet’s also Waymo. Alphabet is also YouTube. It’s way bigger than Gemini, and although I love Gemini, I was on it like a hundred times today. So, we have diversified tech, we got semiconductor, we have aerospace, we have consumer product, and we have banking. I got to tell you, I think that’s perfect…. [The caller’s] portfolio is just nothing short of perfect.”

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.