Alphabet shares drop on possible DOJ investigation—Cramer and other experts on what's next

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Alphabet shares drop on possible DOJ investigation—Cramer and other experts on what's next
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Alphabet's Google may soon be under investigation by the Department of Justice, and experts are largely taking a wait-and-see approach to the potential probe.

Given how many times Alphabet has been investigated for issues like these, experts aren't totally bearish — yet. Here's what three of them had to say about the news:"Google has undergone a lot of investigations, most of which, in the United States, it sailed out of, pretty much, and a ton in Europe, and a ton around the globe. So just keep that in mind.

Brent Thill, a senior analyst at Jefferies who covers Alphabet, said this issue could weigh on the company if it doesn't continue to execute: "This is the No. 1 issue facing the internet sector, and institutional investors continue to highlight this as a risk. So, this is somewhat in the stock, but, clearly, it'll be down on the news. Again, we think this is more of a speed bump, not a roadblock. It's another short-term setback for Google's multiple after they missed the first-quarter earnings, which makes the second quarter even more important that they put up a very good, clean quarter.

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