Posted 3/1/2024, 9:55:00 AM
Alphabet Poised to Lead in AI Due to Machine Learning Expertise and New Gemini Model
- Analysts see Alphabet as best positioned for AI growth due to over 2 decades of machine learning integration and new AI model Gemini
- Opinions vary widely on best AI stocks; owning a basket is most prudent
- Alphabet has strong Q4 results, with growth across segments like Cloud and YouTube
- Google leads in digital ads and is gaining cloud market share with AI innovations like Gemini
- At reasonable valuation given expected growth, Alphabet deserves a place in an AI stocks basket