On Monday morning, Jim Cramer said that the chatter around breaking up Alphabet (GOOGL) - Get Report is always going to be there to muddy the water, but the point of his Stop Trading segment was that he believes that investors should buy this stock based on earnings.
And this comes after Alphabet's price target was raised by JPMorgan
Analyst Doug Anmuth affirmed his overweight rating on the parent company of Google.
“We remain positive on Alphabet, as we believe it is well-positioned across ads, clouds, and a number of other key initiatives to both drive and benefit from long-term digital trends,” Anmuth wrote.
Recap TheStreet Live: Everything Jim Cramer Is Watching Monday