10 Stocks On Jim Cramer’s Mind As He Discussed A “Weird Number”

8. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders In Q1 2025: 227

Alphabet Inc. (NASDAQ:GOOGL) is a rare stock that Jim Cramer has been unbashed about being wrong about. The CNBC TV host has continuously lamented across multiple appearances that he exited the stock too early due to the firm’s trouble with the Justice Department. He was nothing but full of praise for Alphabet Inc. (NASDAQ:GOOGL) after the firm’s latest earnings report. The firm’s YouTube business in particular has caught Cramer’s eye. This time, briefly commented on Alphabet Inc. (NASDAQ:GOOGL)’s earnings and the market sentiment for the firm:

“And a lot of people feel that Google, which was not the best, has had a fantastic quarter. Had a fantastic quarter.

“[On a rather muted market response despite the quarter’s strength] Well no, I thought it was okay. Yeah. Look at the run in the stock.”

Cramer discussed Alphabet Inc. (NASDAQ:GOOGL) in detail after the firm’s latest earnings report. Here is what he said:

“Last night, I listened to Sundar Pichai, he’s the visionary CEO of Alphabet, talk about AI and how much it means to his company. I’ll just give you one quote here, ‘AI is positively impacting every part of the business, driving strong momentum. This quarter, Search delivered double-digit revenue growth.’ But then he goes on to say, ‘AI Overviews now has over 2 billion monthly users across more than 200 countries and territories and 40 languages.’

Now, if you don’t use Google, these AI Overview gives you the summary that appears at the top of the search pages. It’s a game-changer that makes people want to keep coming back to Google Search, even as many like me worry that Search may go the way of the dodo. I mean, why do you search, I figure, when you can just go right to one of the major chatbots, avoiding Google Search entirely? They’re not, they’re going there more than ever. Pichai explains they’re not mutually exclusive. It’s easy to just stick the AI results in there because, well, he’s got the leading global network of AI-optimized data centers.

In other words, he who spends the most money on AI wins. I am sure we’ll hear something similar next week from Meta and Microsoft and Amazon… So my take is that Google is upping its spending because the most accurate chatbot will be the winner, just like how Google Search won to begin with. The bots that are wrong too often will lose. And just like Google Search, if you win the AI race, you can end up with a near monopoly and hundreds of billions of dollars in profits.”