Here's Why Alphabet Is the Best AI Stock to Buy Right Now
The possibility of interest rate cuts and ongoing inflationary pressures might draw investor attention. But nothing beats the excitement around artificial intelligence (AI). This has undoubtedly been the top market topic in the last year or so.
With shares soaring 404% since the start of 2023, Nvidia looks like it's the poster child of the AI boom. Thanks to its position as an infrastructure provider, investors probably view the business as the best way to play the trend.
But don't forget about the tech behemoth that is (NASDAQ: GOOGL) (NASDAQ: GOOG). I think this top internet enterprise is the best AI stock to buy right now. Here's why.
Source Fool.com
Alphabet Inc. A Stock
€157.16
0.330%
The stock is an absolute favorite of our community with 93 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 13.26% compared to the current price of 157.16 € for Alphabet Inc. A.
