Alphabet Inc. (NASDAQ:GOOGL) is highlighted as one of the High Flying AI Stocks This Week. DA Davidson analyst Gil Luria reiterated a Neutral rating and $180.00 price target on August 5th. The firm suggests a complete breakup of Alphabet to allow investors to choose and invest in desired businesses. This would position them as competitors to various tech giants.
An individual investor discusses their portfolio with a wealth and asset management services client advisor. Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate that owns Google. While GOOGL shows potential as an investment, some AI stocks offer greater upside potential with less downside risk. For an undervalued AI stock benefiting from Trump-era tariffs, check out the best short-term AI stock.
The report focuses on the potential breakup of Alphabet, suggesting that Waymo business alone could be worth $16/share. The firm remains NEUTRAL rated on GOOGL but sees it as a top mega cap pick if a complete breakup occurs. The report also mentions other High Flying AI Stocks and hot AI stocks worth considering.
Read more at Yahoo Finance: Alphabet (GOOGL) Needs a Breakup to Unlock Full Value, Says DA Davidson
