“What a Great Company,” Says Jim Cramer About Alphabet (GOOGL)

We recently published 8 Stocks Jim Cramer Discussed & Mentioned An Important Quantum Computing Development. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer discussed.

Jim Cramer has turned increasingly bullish on Google’s parent Alphabet Inc. (NASDAQ:GOOGL). Over the course of several appearances, he has discussed the firm’s cloud business, the dominance of its YouTube platform, and its quantum computing business. Along with IBM, Cramer believes that Alphabet Inc. (NASDAQ:GOOGL) is a great stock when it comes to quantum computing. In this appearance, he discussed how he had sold the shares earlier on worries about the Justice Department’s actions against the firm and the court ruling in Alphabet Inc. (NASDAQ:GOOGL)’s favor:

"What a Great Company," Says Jim Cramer About Alphabet (GOOGL)

Pixabay/Public Domain

“Well, look, I, what a great company. And I did sell it because of the Justice Department, because the Justice Department said they were so dominant. I should have realized, why not buy the dominant company? But I mistakenly thought that the, judge who was so against and called them a monopolist, in the end, said you know what, I’m glad that Apple’s getting the check for 20 billion for them because then they can compete!”

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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