Jim Cramer’s Recent Insights on These 24 Stocks

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1. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 219

Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer recently provided insights on. Cramer highlighted the company’s ad business and commented:

“Well, Alphabet, Microsoft, and Meta are, at their core. tech companies. They’ve moved into multiple venues, multiple areas, multiple verticals, and that’s why I, when I think about Alphabet for instance, I now think of YouTube because it has that amazing business model where it makes a ton of money off ads… Google Search was supposed to be cannibalized by Gemini Alphabet’s AI platform. No, turned out… the two… taste great together. Shocked me… In my book, I talk about how I screwed this up. I didn’t believe that could happen, but it is that strong…

The ad basis on Google, it’s tremendous. I mean, it’s just so good. The most important is still, believe it or not, is not the ads at least from the point of view of Wall Street, that’s what we’re talking about tonight is Google Cloud, which has been on fire today. Google announced a deal with NextEra Energy to restart a nuclear plant… Of course, reopening a decommissioned… plant doesn’t solve the problem anytime soon. It won’t be ready until 2029… But Google has so much more business than they can handle, they gotta do it. I call that a high-quality problem. If they spend any time talking about their quantum computing business, that will be worth 10 easy points.”

Alphabet Inc. (NASDAQ:GOOGL) provides a range of technology products and services, including Search, YouTube, Android, Chrome, and Google Cloud.

While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOGL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOGL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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