Prediction: This Under-the-Radar Artificial Intelligence (AI) Company Might Get Acquired by Alphabet. Here's Why.
Each quarter, institutional investors are required by the Securities and Exchange Commission (SEC) to file a 13F form. This is a document that outlines all of the stocks investors such as hedge funds are buying and selling. It can be a useful tool to see where smart money is moving.
Like hedge funds, corporations can also take positions in other companies. Internet search giant and artificial intelligence (AI) leader has built a pretty impressive portfolio of its own.
While parsing the company's 13F, there was one transaction in particular that stuck out to me. So much so, that I think Alphabet may have just identified its next acquisition candidate.
Source Fool.com
Alphabet Inc. C Stock
€149.26
0.870%
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 165 € there is a slightly positive potential of 10.55% for Alphabet Inc. C compared to the current price of 149.26 €.
