Alphabet (GOOGL)’s a Serious Company “That You Want to Buy,” Says Jim Cramer

We recently published 10 Stocks Jim Cramer Talked About & Revealed Why He’s Critical Of OpenAI. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer talked about.

Jim Cramer has turned increasingly positive on Alphabet Inc. (NASDAQ:GOOGL) as the year nears its end. While early in the year he was wary about the firm’s troubles with the Justice Department, now he believes that YouTube and quantum computing are among the top reasons to buy the shares. In this episode, as he commented that the era of magical investing was over, Cramer added that he would willingly buy Alphabet Inc. (NASDAQ:GOOGL)’s shares:

Pixabay/Public Domain

“This is actually probably a better day at the end, to buy one of these serious company, a serious company. . .where you actually say you know what, that company’s making a lot of money and it can pull back. And I’ll tell you the one that I would do, and it’s killing me, it’s Google, it’s Alphabet, because they are doing incredibly well. They managed to bridge, I use Gemini all the time. . .YouTube is absolutely incredible, it’s incredible. . .And I just think that that’s the one that you want to buy.

“Like let’s say you do think it’s a bottom, you can buy some of that now. They’ve got all the bases covered. The Anthropic is in there, they’ve got Waymo that’s starting to do well. That’s just a really good situation with very serious management. I would step in on that one. I’d dip my toe in that one.”

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