Jim Cramer Explains Why Investors Should Keep Alphabet Stock in Their Portfolios

CNBC's Jim Cramer on Monday explained why it's worthwhile for investors to keep Alphabet stock in their portfolios, lauding the continued success of its search business and YouTube venture.

Bullish analyst notes on the stock quelled Cramer's fears that new AI query systems will eventually become an"existential challenge" to Google's search business.because he worried that new artificial intelligence query systems will eventually become an"existential challenge" to Google's search business. But bullish analyst notes on the tech giant helped quell his worries.

"We shall sell no more for the charitable trust — It's just got too much going for it, like nearly all the other mega caps," he said."Remember that even if there's a problem, these guys have so many ways to pull a rabbit out of a proverbial hat and turn things around. You don't get that trillion dollar valuation for doing nothing.

Source: News Formal (newsformal.com)

Jim Cramer Alphabet Stock Investors Portfolios Search Business Youtube AI Query Systems Bullish Analyst Notes Tech Giant Trillion Dollar Valuation

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer explains why you should hold on to Alphabet stockCNBC's Jim Cramer on Monday explained why it's worth it for investors to keep Alphabet stock in their portfolios.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer’s guide to investing: What Cramer learned at Goldman SachsCNBC's Jim Cramer told investors the most important investing advice he learned while working at Goldman Sachs.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer’s guide to investing: How did Cramer become interested in the market?CNBC's Jim Cramer explains what drew him to the stock market as a kid.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer urges 'patience, patience, patience' on Apple stock, and two analysts also make the caseTwo new research reports highlight why investors should stick out the pain, and 'own, not trade' the Big Tech name.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer’s guide to investing: How to trade effectivelyCNBC's Jim Cramer told investors his key strategies for making successful trades.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer’s guide to investing: How to start picking individual stocksCNBC's Jim Cramer advised beginner investors on how to successfully begin picking individual stocks.
Source: CNBC - 🏆 12. / 72 Read more »