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Jim Cramer Says Google’s Stock Is Heading to $800 a Share

June 18, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer, portfolio manager of the TheStreet’s Action Alerts PLUS and host of CNBC’s ‘Mad Money’ said based on valuation, investors should buy Allergan (AGN) over Pfizer (PFE) on news that the two companies are moving closer to an acquisition. Action Alerts PLUS owns that stock, as well as Google (GOOG), which a viewer asked about Friday. Cramer said Google is going to $800 and he likes that the company is beginning to monetize YouTube. Another viewer asked about Skechers (SKX), which has been under pressure as of late, but Cramer said it’s a buy. Another viewer asked Cramer if he’d buy Square(SQ) if the stock drops back to near 11. Cramer responded ‘I said buy it. Now sell it. You just had a great gain.’ Cramer was also asked whether to buy Walgreens (WBA) in the low 80’s or CVS (CVS) in the low 90’s. He owns Walgreen’s and prefers it over CVS because of its strong international position. Cramer answers viewers questions from social media during a daily segment with TheStreetTV. He’s on Facebook, and on Twitter, he’s @JimCramer. Use #CramerQ.

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