17 Best Stocks for Kids According to Jim Cramer

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15. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 202

Alphabet Inc. (NASDAQ:GOOGL) is among Cramer’s kid-friendly stock picks. While recounting technology’s integration into his kids’ lives, Cramer briefly mentioned the company, and said, “What else? Fabulous. Google it, dad. Yeah, that’s how I found out about Google, now Alphabet.”

Alphabet (NASDAQ:GOOGL) offers a range of products and services, including ads, cloud solutions, AI, devices, and various digital platforms like Google Search, YouTube, and Google Maps, along with enterprise tools and healthcare-related services.

Oakmark Equity and Income Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q4 2024 investor letter:

“Alphabet Inc. (NASDAQ:GOOGL) was the top contributor during the quarter. Despite ongoing litigation with the Department of Justice in its antitrust case, the U.S.-headquartered interactive media and services company’s stock price rose after posting solid third-quarter earnings. In the Search division, the company generated low-teens year-over-year revenue growth and management highlighted that they’re seeing strong user engagement with their new AI Overviews feature. The biggest upside surprise came from the Cloud division, where revenue growth accelerated to 35% and margins reached a record of 17%. This performance was driven by client demand for AI Infrastructure and Generative AI Solutions as well as core Google Cloud Platform (GCP) products. We continue to believe Alphabet is a collection of great businesses that can unlock further value over the long term through its world-class AI capabilities.”

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