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“Alphabet (GOOGL)'s Extraordinary,” Says Jim Cramer [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Alphabet Inc. (NASDAQ:GOOGL) is a stock that Jim Cramer has consistently discussed over the past couple of months. During this time period, his opinion about the firm has shifted from being wary due to troubles with the Justice Department to becoming enthusiastic about its multiple businesses, such as YouTube, Gemini, and Search. Alphabet Inc. (NASDAQ:GOOGL)'s shares are up by 73% over the year and by 5.8% year-to-date. In January, Keybanc raised the firm's share price target to $360 from $330 and kept an Overweight rating on the shares. AI played a key role in the financial firm's coverage as it pointed out that Alphabet Inc. (NASDAQ:GOOGL) has the computing capacity and scale to excel in the industry. Like Keybanc, Cramer is also enamored by the AI software: “No Alphabet's extraordinary, Alphabet, I mean Gemini again this weekend, better than it was previously. I capitulated and bought some Alphabet. We have a meeting today at noon and we bought Alphabet after selling it. We did
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