Google's parent company Alphabet reported second quarter earnings of $27.26 per share on revenue that jumped 62% year-over-year to $61.9 billion. Alphabet saw advertising revenue rise 69% from last year.
Jim Cramer outlines his bull case for Alphabet in the video above.
Recap TheStreet Live: Everything Jim Cramer Is Watching 7/28
Alphabet is a holding in Jim Cramer's Action Alerts PLUS charitable portfolio.