Alphabet Had an Impressive Quarter and Its Stock Could Run Further, Says Jim Cramer

Jim Cramer loves Alphabet's accelerating revenue and he likes the stock's valuation, too.
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TheStreet's Jim Cramer loves Alphabet's  (GOOG) - Get Report accelerating revenue and he likes the stock's valuation. Alphabet reported better than expected earnings and quarterly sales rose 21 percent, prompting Cramer to say it was a fabulous report. Cramer liked the YouTube numbers and Alphabet's mobile search performance.