Jim Cramer Put These 15 Stocks Under the Spotlight

5. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 219

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer put under the spotlight. Cramer showed a bullish sentiment toward the stock, as he commented:

“Alphabet, parent of the red-hot Google-Gemini complex, traded up to a new all-time high of $293, and today it briefly fell to $278 before finishing just… under $285. You’re buying a Buffett-endorsed company with a thriving YouTube business that’s spewing cash as its cloud business, you’re getting… it cheap because Wall Street doesn’t like how Alphabet’s spending on data centers to meet demand. Today’s sell-off may have given you a great entry point to start buying it.”

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 mentioned the company during the November 3 episode and said:

“On the other hand, Alphabet also raised its 2025 capital expenditures forecast from 85 billion all the way up to 91 to $93 billion range, much bigger increase than we saw from Meta. Yet Alphabet stock did not get punished. Why? Wall Street seems more willing to give them the benefit of the doubt, even though CFO Anat Ashkenazi said that the company expects ‘a significant increase in CapEx next year.’ People just said fine…

Of course, Amazon and Alphabet both rallied more than 8% last week despite raising their capital expenditure guidance for the current year. So clearly, Wall Street hasn’t completely turned against heightened AI spending. What’s the difference here? Simple. I think Amazon and Alphabet both did a much better job of explaining why they need to shell out all that money.”