Alphabet Inc. (NASDAQ: GOOGL) is highlighted as one of the AI Stocks Making Waves on Wall Street. Morgan Stanley raised its price target to $210 per share, citing Google’s accelerating cloud revenue growth and AI-based engagement metrics.

Analyst Brian Nowak is optimistic about Google’s growth, noting that GenAI-enabled innovation is driving faster growth across Search, YouTube, and Google Cloud. This accelerated pace of innovation sets up GOOGL for more durable multi-year growth.

While Alphabet Inc. (NASDAQ: GOOGL) has potential as an investment, some AI stocks offer greater upside potential and less downside risk. For those seeking an undervalued AI stock benefiting from Trump-era tariffs, check out the best short-term AI stock mentioned in a free report.

For more insights on AI stocks, explore 10 AI Stocks on Wall Street’s Radar and 10 AI Stocks in the Spotlight Right Now. Disclosure: None.

Read more at Yahoo Finance: Why Morgan Stanley Thinks Alphabet’s (GOOGL) Innovation Cycle Isn’t Priced In Yet