From Nasdaq, Inc.:

Nvidia’s shares have surged 221% in the last 12 months due to their AI boom. Sales tripled to $18.1 billion. But at a price-to-earnings ratio of 89.7, the stock may be overvalued.
Alphabet trades at a P/E ratio of 24.9, a good entry point. With machine learning in Google Search, integrated AI features, and a user base that can test new features, Alphabet is in an advantageous position.
Sitting on $98 billion in net cash and posting $102 billion of operating cash flow in 2023, Alphabet leads the AI space. It might be the best AI stock to buy and hold over the long term.
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Read more: Missed Out on Nvidia? My Best AI Stock to Buy and Hold