Posted 1/20/2024, 7:22:00 PM
Ackman Bets Big on Alphabet to Win in AI, Analysts Agree Google Well-Positioned for Dominance
- Bill Ackman owns $1.8 billion worth of Alphabet (Google) stock, his top holding
- Ackman sees Alphabet as a dominant long-term player in AI
- 38 Wall Street analysts recommend buying Alphabet stock currently
- Analysts see Alphabet as a leader in AI development and view the stock as attractively valued
- The author agrees with Ackman and analysts that Alphabet will be a big winner in AI over the long run