Wall Street Says This Company Is the "Godfather of AI." Here's Why I Think the Stock Looks Undervalued.
Hype around artificial intelligence (AI) rocked the markets in 2023, sending the tech-heavy soaring more than 40%.
The megacap Magnificent Seven stocks were at the epicenter of AI mania, and perhaps their most influential member is semiconductor manufacturer Nvidia (NASDAQ: NVDA). The company saw its market cap balloon in 2023, and it joined Apple, Microsoft, Amazon, and in the exclusive $1 trillion market-cap club.
It's no surprise that Wall Street analyst Dan Ives of Wedbush Securities crowned Nvidia as the godfather of AI.
Source Fool.com
Alphabet Inc. A Stock
€156.46
-0.110%
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 13.77% compared to the current price of 156.46 € for Alphabet Inc. A.
