5 Stocks Jim Cramer Is Talking About Right Now

2. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 204

About 204 hedge funds held stakes in Alphabet Inc. (NASDAQ:GOOGL) in the first quarter, with a total stake value of $17.7 billion.

The communications services sector has been winning in 2023 because of leading stocks like Alphabet Inc. (NASDAQ:GOOGL), according to Cramer. The stock is up by 39.89% year-to-date as of June 3.

Justin Post at BofA holds a Buy rating and a $128 price target on Alphabet Inc. (NASDAQ:GOOGL) as of May 24.

Follow Alphabet Inc. (NASDAQ:GOOG)