Jim Cramer on Alphabet: "It May Be Even Making More Money From AI Than Meta"

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer shared his thoughts on. Cramer was bullish on the company, as he said:

… I bet when we hear from them next week, we’ll realize, nuh-uh, AI search winner. Alphabet may be next week’s rock, and it may be even making more money from AI than Meta.

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. Cramer said that the company looks like the “only winner in AI” during the episode aired on January 13. The Mad Money host commented:

Hey, you want hate? I’ll give you hate. All you have to do is declare you’re going for clean energy to power your data centers. If Microsoft and Meta Platforms were to abandon their dislike of fossil fuels and go all in, say, on despised clean coal, or at least cleaner natural gas, they could actually lift their heads and not have them blown off. Without cheap energy, though, what really matters is that Alphabet increasingly looks like the only winner in AI for the moment. And it’s partnered with Apple to power Siri and who knows what else. Winner.

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