Was Jim Cramer Right About Alphabet Inc. (GOOGL)?

From Yahoo Finance: 2025-05-04 18:23:00

Jim Cramer discussed stock ownership in the US, challenging the idea that it only benefits the wealthy. He highlighted the financial involvement of millions of Americans in the stock market, emphasizing that stocks are not just for the rich. More than 60% of Americans have exposure to the market, with active 401Ks and IRAs.

A list of 13 stocks discussed by Jim Cramer on Mad Money on May 1st, 2024, was compiled. Performance from May 1st, 2024, to April 30th, 2025, was calculated, along with hedge fund sentiment sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. Stocks are listed in the order mentioned by Cramer.

Alphabet Inc. (GOOGL) was recommended by Cramer due to its strong AI platform, YouTube, and Google Cloud businesses. Despite recent changes in Cramer’s stance, GOOGL ranks 10th on the list of stocks discussed on Mad Money. While it has potential, other AI stocks may offer higher returns in a shorter time frame. Looking for a promising AI stock trading at less than 5 times earnings? Check out our report on the cheapest AI stock. No promotional or marketing content, just facts and figures. For more information, read our article on the 20 Best AI Stocks to Buy Now and 30 Best Stocks to Invest in According to Billionaires. This article was originally published on Insider Monkey.



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