Jim Cramer Sells Alphabet (GOOGL): 'It’s the New Kodak'

Reported 2 days ago

In a recent broadcast, Jim Cramer announced the sale of Alphabet Inc. (GOOGL), citing its decline in performance and drawing parallels to Kodak's fate. He expressed concerns over the company's struggles in the cloud sector and mounting legal challenges, emphasizing the notion that people no longer 'Google' as they used to. Despite current market uncertainties, Cramer remains optimistic about avoiding a recession and highlights the resilience of the Dow Jones Industrial Average.

Source: YAHOO

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