Google’s new health-care venture is reason to buy Alphabet

CNBC’s Jim Cramer expressed optimism Wednesday toward Google‘s new health-care venture with hospital chain HCA Healthcare, heralding the deal as the latest positive catalyst for shares of the technology giant.

“It’s the kind of thing that makes you want to buy the stock, and even though Google’s up 36% for the year … I think it’s got a lot more room to run,” said the “Mad Money” host, who currently holds a favorable outlook on the broader cohort of FAANG stocks.

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