Alphabet Stock a Safer Long-Term Bet Than Overvalued Nvidia
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Nvidia stock has surged recently but now looks overvalued; a crash could lead to heavy losses.
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Alphabet has been focused on AI for years with products like Google Search and Maps.
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Alphabet recently launched an AI chatbot called Bard to compete with ChatGPT.
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Alphabet's Google Cloud business is growing over 25% and will benefit from demand for AI.
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Alphabet stock is reasonably valued for a fast-growing tech leader, making it a safer long-term bet than Nvidia.