Reported 23 days ago
Jim Cramer expresses concerns over Alphabet Inc. (NASDAQ: GOOGL) stock due to a broader market selloff and the impact of tariffs suggested by President Trump. He believes that while Trump's tariff strategies are proving effective in making foreign companies invest in the U.S., Alphabet's recent earnings report and increased AI competition have negatively affected its stock performance. Despite this, Cramer highlights the potential in Alphabet's other businesses like YouTube.
Source: YAHOO