Billionaire invests in undervalued AI stock Alphabet, with strong growth potential.

From Nasdaq: 2024-12-06 07:15:00

Alphabet (NASDAQ: GOOG) is considered undervalued compared to the S&P 500, with a lower forward P/E ratio of 21.5. Despite DOJ scrutiny, Google Cloud’s 35% revenue growth is driving Alphabet’s overall success. Investors are eyeing Alphabet as a solid investment with strong AI capabilities and potential long-term growth.

The Motley Fool Stock Advisor team does not currently recommend Alphabet as one of their top 10 stocks, but history shows that past recommendations, like Nvidia in 2005, have yielded significant returns. With a proven track record of success, Stock Advisor offers investors a blueprint for building a successful portfolio and maximizing returns. Consider the potential for growth and long-term investment opportunities with Alphabet.



Read more at Nasdaq: This Billionaire Just Took a Huge Stake in an Undervalued Artificial Intelligence (AI) Stock