Alphabet Inc. (NASDAQ:Lady) is one of the 10 AI stock investors watch. On June 26, the Bank of America Securities Analyst Justin Post rated a “purchase” score on stock with a related price target of $ 200.00. Bank of America recently held a debate attended by over 200 investors, where a general feeling on the stock was rather mixed.
While Google is facing increasing competition from platforms such as ChatGpt Openai, as well as battling concerns such as monetization challenges and the result of the Department of Justice's trial, Post considers the company's proprietary data and deep integration as significant benefits. According to the post, these factors provide a strong foundation for monetization and protectability as AI models become ubiquitous.
Laptop and phone open to Google services in an everyday location.
Furthermore, non -search segments from the company, such as Cloud, YouTube, and Waymo, are often undervalued. However, post suggests that they hold significant growth potential. Regulatory clarity can also help the alphabet speed its AI strategies. Together, a large number of bullish investors support this purchase score for the stock.
Alphabet Inc. (NASDAQ: GOOGL) is a Conglomerate Conglomerate American technology holding company that completely owns the Google Internet giant, among other businesses.
While we recognize the potential of Googl as an investment, we believe that some AI stocks offer more potential upside down and carry less risk -risk. If you are looking for a highly underestimated AI stock that also stands to benefit significant The best short -term stock.
Read Next: 10 AI stocks in the magnifying glass and 10 AI stocks investors watch.
Disclosure: None.