Alphabet Shares Surge to Record High as Cramer Predicts $400 Target
Alphabet Inc. (GOOGL) shares climbed 2% to a record $338 on Tuesday, extending Monday's all-time high close of $334. Jim Cramer's $400 price target implies 20% upside from current levels, with the CNBC host acknowledging regret over selling the stock from his Charitable Trust last spring.
The Google parent has gained 5% year-to-date in 2026 after a 65% surge in 2025, outperforming other Magnificent 7 tech stocks. Bank of America analysts highlight Alphabet's Gemini AI partnership with Apple as a key growth driver, while emphasizing the need for sustained search monetization improvements.
Tech sector rotation has left Alphabet as a rare outperformer—Meta shares have dropped 4.7% this year, while Nvidia and Tesla fell 1.7% and 0.6% respectively. The stock's resilience reflects what Cramer called 'a flight to quality in AI infrastructure plays.'
