Alphabet Inc. (GOOG) Stock Has Multiple, Positive Catalysts, BMO Capital Says
From Yahoo Finance: 2025-05-14 17:13:00
Alphabet Inc. (GOOG) is making progress with its Gemini project, expanding in various areas, and enhancing its Rich Communication Services program, as reported by BMO Capital. The bank maintains a $200 price target and an Outperform rating on GOOG shares.
Gemini’s natural language processing capabilities are advancing, improving user experiences and increasing query numbers for Google. GOOG’s initiatives in wearables, TV, and automotive are expected to boost user metrics. Android 16 update will offer more personalized offerings, and the Live Update feature will provide data quickly, according to BMO.
Alphabet Inc. (GOOG) stock has risen 7% in the last month but dropped 10% in the last three months. Year-to-date, shares are down 13%. While GOOG shows potential, AI stocks are believed to have greater promise for higher returns in a shorter timeframe.
BMO believes that Alphabet Inc. (GOOG) stock has potential, but they see more promise in AI stocks for higher returns. They suggest checking out a report on an undervalued AI stock with significant growth potential. For more information on the best AI stocks to buy now, visit the provided links.
Read more at Yahoo Finance: Alphabet Inc. (GOOG) Stock Has Multiple, Positive Catalysts, BMO Capital Says