Jim Cramer on Alphabet: “Best Stock in the Business, At Least By My Count”

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks on Jim Cramer’s recent game plan. Cramer called it the “best” during the episode, as he stated:

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.

Photo by Kai Wenzel on Unsplash

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. Cramer was optimistic about the company’s earnings during the January 29 episode as well. He said:

… I bet when we hear from them next week, we’ll realize, nuh-uh, AI search winner. Alphabet may be next week’s rock, and it may be even making more money from AI than Meta.

While we acknowledge the risk and potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GOOGL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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