Analysts have started showing increased confidence in
Alphabet Inc (NASDAQ:GOOG)'s Gen AI offerings. Some even regard Alphabet’s stock as a golden discount opportunity compared to
Meta’s value. Furthermore, Alphabet’s investment arm has shown interest in the mixed reality space, evidenced by the $11M investment by Google's GV in a Finnish startup innovating mixed-reality tech for car windshields and cockpits. Despite recent market volatility,
Google stock has been coined as 'suffering from success', indicating a strong performance. The firm's AI advancements have significantly contributed to the growth of Google Cloud, with Wedbush expressing their confidence by upping their price target to $205. Many still argue if Alphabet is the best NASDAQ stock for investment now. However, opinions vary, and others fear that downside risks for Alphabet are more significant than ever. Even so, there seems to be a consensus that Google's AI investments are paying off extensively.
Alphabet GOOG News Analytics from Sat, 21 Sep 2024 18:00:07 GMT to Sun, 29 Sep 2024 12:00:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
