Move Over, Nvidia: Billionaire Dan Loeb Is Betting on This Dividend-Paying Magnificent Seven Stock to Win the Artificial Intelligence (AI) Race Instead

From Nasdaq: 2024-05-05 07:33:00

The AI revolution is transforming technology and investors are taking notice. Billionaire hedge fund manager Dan Loeb is betting on Alphabet as a cheap way to play the AI race. Despite initial missteps with Gemini, Alphabet is making strides in AI, leading to strong Q1 earnings. Alphabet’s stock remains undervalued, making it an attractive long-term investment. Investors should consider Alphabet for potential growth and returns.



Read more at Nasdaq: Move Over, Nvidia: Billionaire Dan Loeb Is Betting on This Dividend-Paying Magnificent Seven Stock to Win the Artificial Intelligence (AI) Race Instead