Jim Cramer Says Keep an Eye Out For Alphabet’s Quarterly Report Monday

TheStreet’s Jim Cramer is keeping an eye on Alphabet’s earnings which are due to be released on Monday after the markets close.
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TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on Alphabet’s (GOOGL) earnings, due to be released on Monday after the markets close. Analysts expect the Mountain View, Calif.-based company to report fourth quarter earnings of $8.10 a share on sales of $20.8 billion. During the same quarter a year ago, the technology giant posted net income of $6.76 with revenue of $18.1 billion. Google is now called Alphabet, which is a big position for Cramer’s charitable trust, Action Alerts PLUS. ‘[Alphabet CFO] Ruth Porat, the former CFO of Morgan Stanley (MS), has done a remarkable job at Alphabet,’ Cramer said. Porat was named CFO of Google in May 2015 and subsequently CFO of Alphabet in October of the same year. ‘You’re going to see both the exciting part – which is all of the different venture capital things they have going and the regular part, which is the search and is on fire.’