Jim Cramer Explains the Recent Shift in Alphabet Stock Strategy
Key takeaways
- Jim Cramer Explains the Recent Shift in Alphabet Stock Strategy Syeda Seirut Javed Mon, June 8, 2026 at 10:34 PM GMT+7 2 min read GOOG Alphabet Inc.
- Something may be going on with the underwriting process that we haven’t seen very often.
- (NASDAQ:GOOGL) provides technology-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms such as YouTube and Google Play.
Jim Cramer Explains the Recent Shift in Alphabet Stock Strategy Syeda Seirut Javed Mon, June 8, 2026 at 10:34 PM GMT+7 2 min read GOOG Alphabet Inc. (NASDAQ:GOOGL) was among the stocks Jim Cramer highlighted on Mad Money as he noted that the market has an appetite for stocks. Cramer highlighted the company’s stock repurchases, as he said:
Something may be going on with the underwriting process that we haven’t seen very often. We just had a phenomenally successful Alphabet secondary priced well by Goldman Sachs to the point that it looked like we had very few flippers and a lot more demand than we expected. It was an outstanding success, just a huge amount of demand… Alphabet bought back $45 billion worth of stock. In the first quarter of this year, it snapped up another 15 billion. So it’s last year, 45, this year, 15. Now it is selling similar volumes. Can you believe that? Sold it, all the stock they bought last year? Wow.
Alphabet Inc. (NASDAQ:GOOGL) provides technology-related products and services, including search, advertising, cloud computing, AI tools, and digital content platforms such as YouTube and Google Play. The stock was mentioned by Cramer during the June 3 episode, and he remarked: