Jim Cramer Says "Something Good Seems to Happen Every Single Minute at Alphabet"

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer shared his opinion on. Cramer highlighted that he expects very good numbers from the company, as he said:

But the only other stock in the Mag Seven that’s beating the market over the last 12 months and is fantastic is Alphabet. It’s up over 68%. That makes sense. When Alphabet reports on Wednesday, I think it can blow away the numbers. They’ve become synonymous with two words, beat and then raise. Something good seems to happen every single minute at Alphabet. Just this evening, self-driving car division, Waymo, raised 16 billion from Alphabet itself and other companies at $126 billion valuation. That’s amazing… Still losing money, but it’s the best in the industry in this country.

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. During his game plan presented on January 30, Cramer called it the “best stock in the business,” as he remarked:

After the close, we hear from the best stock in the business, at least by my count, the one that we bought back for the Charitable Trust, because I just did, I had such seller’s remorse here, Alphabet. Yeah, this is a company that many wrote off as the least of the Magnificent Seven because they figured that, wouldn’t Google wreck Gemini? Instead, it turned out to be Steve McQueen… Whether it be Gemini, the best of the chatbots, or YouTube, the most popular video site in the world, or Waymo, yes, self-driving cars, or Google itself, it doesn’t matter. Alphabet’s the best. And when it reports, I think it could romp.

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