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We recently published Jim Cramer's Latest Thoughts On Cisco, NVIDIA & Other AI Stocks. Alphabet Inc. (NASDAQ:GOOGL) is one the stocks discussed by Jim Cramer.

Technology giant Alphabet Inc. (NASDAQ:GOOGL)’s become one of Jim Cramer’s favorite stocks, as of late. Some of the factors that he’s praised when it comes to the company are its cloud computing business, YouTube, dominance in the search engine industry and strong performance with the Gemini AI model. Citizens discussed the firm on May 4th as it significantly raised the share price target to $515 from $385 and kept a Buy rating on the shares. The financial firm outlined that Alphabet Inc. (NASDAQ:GOOGL) was experiencing stronger growth across its Search, YouTube, Cloud and other businesses. Not only did Cramer discuss the cloud business, but he also praised Alphabet Inc. (NASDAQ:GOOGL)’s management:

“By the way, I think that Alphabet’s an inexpensive stock.”

“They won in Google versus Bing and they are not going to let up until they win in everything. You know, they won search, now they want to win in AI search. YouTube is the biggest station on Earth. They have Waymo in missions that are just extraordinary. . . .the big story is Google Cloud!. . .it’s a huge company, so I think Alphabet is just, they’re fabulous. And by the way, these people, they’re not cutthroat, they’re just, they’re fighters, but no one would ever, I kept trying to get people to denigrate other people, you know you wanted that false kind of narrative from the old days when I was a crime reporter, good guys and bad guys, no one bit. . .”

Pixabay/Public Domain

Wedgewood Partners discussed Alphabet Inc. (NASDAQ:GOOGL) in its Q1 2026 investor letter:

“Alphabet Inc. (NASDAQ:GOOG) grew its core search revenue by +17% and continues to accelerate as users spend more time on Google properties, driven by the Company’s AI offerings (AI Mode and AI Overviews). At the same time, Google advertisers are adopting more AI-enabled tools to improve ad relevance and accuracy. These AI gains are unlocking significant productivity and driving margin expansion across both core Google services and the $70 billion run-rate Google Cloud business. Given this massive operating leverage, an accelerating revenue profile, and a historic ability to generate high returns on invested capital, we believe their elevated capex spending plans this year are fully justified. We continue to hold Alphabet as a top weighting.”

While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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