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It 'Would Be Crazy' Not to Own Alphabet, Cramer Says

You should own Alphabet stock.

Jim Cramer says Alphabet (GOOGL) - Get Free Report ,  "is not done going up," adding that the company has so many up-and-coming businesses beyond its core Google search engine that it would be "crazy" for Cramer's charitable trust not to own it.

"Sure, near-term revenue and earnings will be driven by online-ad sales, but the company is more diversified than that," Cramer said during an exclusive conference call with members of his Action Alerts PLUS Club for investors. "We see so many other paths to grow that we would be crazy not to include this as a core holding."

Watch the video above for a rundown of what Cramer sees as Alphabet's other key drivers.

Want to join in on Jim's monthly conference calls? Click here for a free 14-day trial subscription to Action Alerts PLUS and hear all of the latest call, plus get e-mails before Jim makes any trade and enjoy lots of other exclusive material.

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This article was written by a staff member of TheStreet. 

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, which Cramer co-manages as a charitable trust, is long GOOGL.