Better AI Stock: Amazon vs. Alphabet
As some of the world's most valuable companies, Amazon (NASDAQ: AMZN) and (NASDAQ: GOOGL) (NASDAQ: GOOG) have long histories of providing investors with significant and consistent gains. Their shares are up 1,000% and 516% respectively over the past decade -- and the companies still have promising prospects as they expand their reach.
The shares look like particularly attractive options for anyone aiming to invest in artificial intelligence (AI). Demand for AI services has skyrocketed over the last year, with Amazon and Alphabet well-equipped to meet Demand with their respective cloud platforms. These tech giants are investing heavily in the budding AI market, and could see significant gains as the sector develops.
So let's compare these companies' businesses and determine whether Amazon or Alphabet is the better AI stock right now.
Source Fool.com
Alphabet Inc. C Stock
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 170 € shows a slightly positive potential of 8.25% compared to the current price of 157.04 € for Alphabet Inc. C.