5 Stocks Jim Cramer Thinks Are Climbing In This Market

4. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 204

Alphabet Inc. (NASDAQ:GOOGL) is yet another tech stock that is piggybacking off of AI growth today, causing the stock to perform well at a time tech stocks would normally “be the first to fold,” according to Cramer.

Shares of Alphabet Inc. (NASDAQ:GOOGL) are up by 38.83% year-to-date as of June 2.

There were 204 hedge funds long Alphabet Inc. (NASDAQ:GOOGL) in the first quarter, with a total stake value of $17.7 billion.

Justin Post as BofA has a Buy rating and a $128 price target on Alphabet Inc. (NASDAQ:GOOGL) shares as of May 24.

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