From Nasdaq:

Artificial intelligence (AI) has sparked investor interest, overshadowing the potential for interest rate cuts and inflation. Nvidia, with a 404% increase in shares, is a leading AI stock. Alphabet, boasting a strong internet presence, is another key player in the AI sector, integrating the technology across various platforms.

Alphabet has been involved in AI for over two decades. Google Search, using machine learning and AI since 2001, is the flagship platform for the company, contributing 56% of revenue. Alphabet has successfully implemented AI across various products, including Gmail, Google Cloud, and Google Photos.

Alphabet, with numerous products and services used worldwide, has unparalleled access to data for AI training. This positions them as a leader in the AI space, reflected in the performance of their latest AI model, Gemini, beating competitors. Additionally, Alphabet’s stocks are attractively priced compared to other AI stocks.

With a price-to-earnings multiple of 25.6, Alphabet’s stock is competitively priced. This positions it as a smart investment, especially when compared to Nvidia’s P/E of 97.2, making Alphabet a top AI stock to buy. However, it’s essential to consider all factors before investing. The Motley Fool Stock Advisor service can provide expert guidance on the best stocks to invest in.

In conclusion, Alphabet’s long-standing leadership and data advantage make it a top AI stock to watch. The company’s smart pricing and established presence in the AI sector position it to lead the market. The Motley Fool Stock Advisor service can provide valuable insights for potential investors in navigating the stock market.



Read more: Here’s Why Alphabet Is the Best AI Stock to Buy Right Now