It's almost a certainty that you use one of 's (NASDAQ: GOOGL) products or services daily. The tech giant has become so ingrained in our lives that its success over the years has probably been taken for granted by many investors. And while the stock has rewarded investors, it's currently 8% off its all-time high.
Is this an opportunity to buy one of the best businesses at a small discount to its peak price? Let's consider both the bear and bull arguments with this leading tech stock.
Perhaps the most immediate argument against adding Alphabet to your portfolio is the early popularity of Open AI's ChatGPT. This large language chatbot, which utilizes artificial intelligence (AI), has been integrated into Microsoft Bing's search engine. Naturally, some bears are arguing that this spells doom for Google Search, a service that has long dominated the market, because it could make Bing more popular.
Source Fool.com