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Alphabet Jumped Again Today Thanks to AI -- Is the Stock a Buy?

TheMotleyFool 
0 0 19.12.23
Alphabet Jumped Again Today Thanks to AI -- Is the Stock a Buy?: https://g.foolcdn.com/editorial/images/758720/hundred-dollar-bill-with-chart-arrow-moving-up.jpg
 

(NASDAQ: GOOGL)(NASDAQ: GOOG) stock posted another day of significant gains in Monday's trading. The tech giant's share price closed out the daily session up 2.4%, according to data from S&P Global Market Intelligence.

Alphabet's stock gained ground today, trading amid a spurt of broader momentum for big tech stocks with significant exposure to artificial intelligence (AI) trends. Even on the heels of big gains across 2023's trading, Wall Street appears to be becoming increasingly bullish on the long-term prospects for the market's biggest AI stocks.

Thanks to its position as a leading provider of web-search services through its Google platform, Alphabet stands to benefit from artificial intelligence services improving search and digital advertising results. However, the company's opportunities to benefit from AI are hardly limited to the Google search platform.

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Source Fool.com

Alphabet Inc. A Stock

€174.76
0.020%
With only a change of €0.040 (0.020%) the Alphabet Inc. A price is nearly unchanged from yesterday.
The stock is an absolute favorite of our community with 88 Buy predictions and no Sell predictions.
As a result the target price of 186 € shows a slightly positive potential of 6.43% compared to the current price of 174.76 € for Alphabet Inc. A.
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