Famed investor Cathie Wood has purchased 174,293 shares of Alphabet (GOOGL) across four ETFs, betting on the tech giant’s potential $4.0 trillion valuation. Google stock has surged 126% in the past eight months. Wood’s move follows Meta Platforms’ plan to switch to Alphabet’s TPUs, posing competition to Nvidia. Plexo Capital’s Lo Toney shares Wood’s optimism, citing Google’s AI integration across layers. Google’s forward earnings multiple of 30x remains attractive compared to Nvidia’s 40x. Wall Street analysts recommend a “Strong Buy” on GOOGL with price targets up to $355, signaling a 10% potential upside.

Read more at Yahoo Finance: Cathie Wood Is Buying GOOGL Stock as Alphabet Approaches $4 Trillion. Should You?