The top tech performer on the S&P 500 index for the month of April was Alphabet, with Class C shares of the company (GOOG) gaining 9.2% in April to $905.96. Class A shares of the company, which trade under the ticker  (GOOGL) , gained a robust 9.05% to $924.52 in April. 

Meanwhile, the S&P 500 index gained 1.1% for the month to 2,384.20.

Class C and Class A shares of Alphabet are trading up about 17% year-to-date and are up about 26% in the past 12 months.

Alphabet is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells GOOGL? Learn more now.

Alphabet got a nice bump this week after releasing an impressive 2017 first-quarter financial report on Thursday. The company reported earnings of $7.73 per share, topping estimates for $7.38 per share. Revenue came in at $24.75 billion, also beating expectations for $24.22 billion. 

TheStreet's technology columnist Eric Jhonsa said the most notable figure from the report was the paid ad clicks on Google-owned sites, which rose a stunning 53% year-over-year. "The figure says a lot about how much smartphone activity continues to grow Google's addressable market, and how effective it has become at monetizing this activity," he explained.

If you liked this article you might like

L.A. Times Tops 100,000 in Digital Subscriptions

Weekly Jobs Numbers Surprise Experts; Google Needs Help in Hardware -ICYMI

Strange Days at Apple

Google Has a Long History in Making Phones Just Like Apple

Tax Reform Is Coming and That Means Trump Stock Rally Is Ready to Kill It Again