Alphabet Inc. (NASDAQ: GOOG) is listed as one of the 11 best AI infrastructure stocks to buy now, with significant hedge fund interest. TD Cowen maintains a “Buy” rating on GOOG, citing the strong growth trajectory of Waymo, Alphabet’s autonomous vehicle business. Waymo surpassed one million monthly rides in California and plans to expand into seven new cities by 2026.

In Q3 2025, Alphabet Inc. (GOOG) reported $102.3 billion in revenue, a 16% YoY increase. Earnings per share rose 35% to 2.87, driven by Google Cloud’s $15.2 billion revenue, growing 34% YoY. The company raised its full-year 2025 guidance to $91-$93 billion due to increased demand for AI infrastructure, expecting further growth in 2026.

Alphabet Inc. (GOOG) offers various products and platforms through Google Services, Google Cloud, and Other Bets segments. The company faces capital expenditure pressure and plans to expand into new markets like Miami, Washington, D.C., and London to capitalize on the growing autonomous vehicle market.

While GOOG shows investment potential, some believe other AI stocks offer greater upside with less downside risk. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available. The company continues to focus on AI infrastructure and anticipates further growth in the coming years.

Read more at Yahoo Finance: TD Cowen Maintains “Buy” on Alphabet (GOOG), Cites Company’s Strong Growth Trajectory