Jim Cramer Pumps The Brakes On Alphabet Sell-Off: 'It's Just Got Too Much Going For It'
Benzinga
2024-04-09
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CNBC’s “Mad Money” host Jim Cramer recommended investors to keep Alphabet stock in their portfolios on Monday, pointing to the sustained success of the company’s search business and YouTube.
What Happened: Cramer initially intended to offload some stock from the CNBC Investing Club’s Charitable Trust due to potential threats to Google’s search business from new artificial intelligence query systems. However, positive analyst reports on the tech behemoth assuaged his fears, reported CNBC.
What Happened: Cramer initially intended to offload some stock from the CNBC Investing Club’s Charitable Trust due to potential threats to Google’s search business from new artificial intelligence query systems. However, positive analyst reports on the tech behemoth assuaged his fears, reported CNBC.
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