Jim Cramer Discussed These 18 Stocks As Inflation Dropped

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3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders In Q3 2024: 202

Alphabet Inc. (NASDAQ:GOOGL) is the world’s largest search engine company. 2024 was a rough year for the stock as it struggled from headwinds stemming from a Justice Department lawsuit that generated reports that it might have to sell businesses like its Chrome browser. However, December was a great month for Alphabet Inc. (NASDAQ:GOOGL)’s shares which soared by 11.4% after the firm announced its Willow quantum computing chip. Willow, which is designed and manufactured by Google, is capable of performing tasks that take a traditional supercomputer 10 septillion years less than five minutes. Cramer believes Alphabet Inc. (NASDAQ:GOOGL) is the only stock for those interested in quantum computing:

“But the idea that this is quantum’s hour, they’re the only, well it’s easy to say it [inaudible], the problem is, is it commercial? And there isn’t anyone who thinks that the companies that are currently trading are commercial companies. If you wanna play it, go own, go own Google.”

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