Alphabet (GOOGL)’s Stock Is Great, Says Jim Cramer

We recently published 14 Stocks Jim Cramer Discussed As He Shared Insights For Nuclear And Quantum Stocks. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently discussed.

In this show, Cramer discussed Alphabet Inc. (NASDAQ:GOOGL)’s Search business and the firm paying Apple to make Search the default on Apple’s products. He recalled a court decision earlier this year and how he had initially sold the stock:

Pixabay/Public Domain

“Well the Justice Department was you know, the judge ruled against, called a monopolist. I sold it because I felt like, hey, the judge, the judiciary. . . .

“It’s [the stock] great and YouTube is fantastic.

“To me, the real stretch in that opinion was that remember Google was paying at least 20 billion dollars to be the one that is embedded. And everyone thought that deal was going to be exposed. Even the top people in Apple I think thought it was. . .and what did he say, the judge? We need them because Google has too much money. We don’t want them to get more money, they’ll be even more monopolist. So Apple’s fine. Which made me think that Perplexity, one of these sides could go to Apple and say we’ll pay you 30 billion to knock out everybody else and then they’re made.”

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