Cramer Touts Alphabet's Unique Mosaic Amid L1's Valuation Trim

Jim Cramer praised Alphabet's unmatched business mosaic—Search, Gemini AI, YouTube, Waymo, and Google Cloud—for an outstanding outlook, capping a bullish week. It started with Cramer's $400 target and +1.35% gains, followed by BMO raising to $410 (Outperform), JPMorgan's $395 Overweight Top Pick, and PepsiCo's multi-year Google Cloud Gemini deal. L1 Capital trimmed its stake in Q1 2026 as shares doubled over 12 months, nearing $4 trillion market cap, tempering enthusiasm with valuation concerns. Net: strong fundamentals meet stretch pricing.