Cramer Says Selling Alphabet Was a Mistake After Antitrust Shift and Gemini Momentum

Overview

• Jim Cramer said his Charitable Trust erred in exiting Alphabet, noting they "left a darn double on the table."
• He had expected harsh antitrust penalties but pointed to a judge’s acceptance of a resolution that included Google’s reported $20 billion payment to be Apple’s default search provider.
• Cramer said he feared Gemini would cannibalize Google’s search profitability, but he now believes it complemented and strengthened those margins.
• Proceeds from the Alphabet sale were moved into Broadcom, which he described as a standout performer for the portfolio.
• Cramer also argued that Apple stands as a major beneficiary of Google’s payments tied to default search placement.