Jim Cramer: Alphabet's Waymo is the Leader, Not Tesla

When it comes to self-driving cars, Alphabet's Waymo is the leader, not Tesla, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
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When it comes to self-driving cars, Alphabet's (GOOGL) - Get Report Waymo is the leader, not Tesla (TSLA) - Get Report , according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

Morgan Stanley tech analyst Brian Nowak said Tuesday the Alphabet owned autonomous driving unit Waymo may be worth $175 billion instead of his prior estimate of $75 billion.

"Alphabet is probably my favorite big-cap stock right now," Cramer said.

Alphabet is a holding of Action Alerts PLUS.