Video: Why Jim Cramer Likes Alphabet Stock More Than Ever (TheStreet)
Shares of Alphabet Inc. Cl A inched 0.38% higher to $2,885.61 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.34% to 4,520.03 and Dow Jones Industrial Average falling 0.76% to 35,100.00. This was the stock’s second consecutive day of gains. Alphabet Inc. Cl A closed $39.47 below its 52-week high ($2,925.08), which the company reached on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc. rose 1.55% to $156.69, Microsoft Corp. fell 0.32% to $300.18, and Facebook Inc. Cl A rose 1.57% to $382.18. Trading volume (1.0 M) remained 219,762 below its 50-day average volume of 1.2 M.