We're buying more of this leading AI stock on this year's undeserved pullback
By Jeff Marks
Published on March 13, 2026.
The Jim Cramer's Charitable Trust is purchasing 45 shares of Alphabet, a leading AI stock, for approximately $307. Following the opening bell, they will own 300 shares of the company, increasing its weighting to 2.4% from 2.04%. This move comes as the stock is down 3% year to date and has fallen 10% from its all-time high in February. The S & P Short Range Oscillator moved deeper into oversold territory after Thursday's selloff, dropping to minus-7.65% from minus-5.48%. The trust is no longer restricted from trading the stock as it no longer restricts its trading activities. The trust also notes that Google Search revenue is seeing a significant increase from AI, driven by increased engagement with AI-powered queries, and that Google Cloud's backlog growth suggests its taking market share.
Related Articles
Our Sun Was Born in a Hellish Part of the Milky Way. New Research Explains How It Escaped
A new study suggests the Sun migrated away from the Milky Way's central bar, enabling life on Earth to flourish.
Peacock Unveils Sweeping Revamp, Adding Vertical Video, Casual Games And AI Andy Cohen
Peacock is launching new features, including vertical video, casual games, and AI, to enhance its daily entertainment experience and compete with streaming services.
HP Slashes 43% Off Its Copilot+ AI Laptop With Microsoft Office 365 Included, a Budget Alternative to the Surface Laptop
HP Ultrabook Laptop with Copilot AI features enhanced graphics, memory, storage, and a dedicated keyboard, offering average-sized devices and excellent connectivity.