Jim Cramer’s Thoughts on Liberation Day, Tariffs, and 17 Stocks to Watch Right Now

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15. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 234

A concerned caller asked Jim why he did not consider Alphabet Inc. (NASDAQ:GOOGL) a buy anymore. Here’s what Cramer replied with:

“I’ve left Google now. I didn’t leave it at the right price, I know that, but I left it because I don’t use Google other than for like the most simple historical [queries], because there’s other ones. I won’t go to Grok to find whether Hoover was president; I still use google for that. I just find myself using so many other things that I know I can’t be alone, and that’s what I worry about. I know YouTube’s doing well, though.”

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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