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Jim Cramer Discussed AI Circular Deals, Top Quantum Plays & These 22 Stocks. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks discussed by Jim Cramer.
Financial firm TD Cowen discussed technology giant Alphabet Inc. (NASDAQ:GOOGL)’s shares on April 15th as it raised the share price target to $375 from $365 and kept a Buy rating on the stock. The coverage came as part of the bank’s earnings preview, as it remarked that Alphabet Inc. (NASDAQ:GOOGL)’s advertising business could perform as well as its checks suggested that there could be acceleration in the digital advertising sector. TD Cowen added that the technology company could also experience acceleration in its cloud and other businesses. Cramer has been increasingly optimistic about Alphabet Inc. (NASDAQ:GOOGL) over the past couple of months and praised its different businesses. In this appearance, he maintained his view that the firm is a top play in the quantum computing sector:
“The quantum stocks are Google. . .And if you go off and you buy these other science projects, good luck.
“And then Google’s got the best quantum, go buy Alphabet. Alphabet, David, we always forget, that they should be in the conversation when we do, Anthropic, OpenAI, they’re so great. And they’re not in the conversation enough!”
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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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