10 AI Stocks to Watch: Broadcom, AMD, and More

Page 9 of 9

1.  Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 219

Analysts are growing more confident in Alphabet’s autonomous driving story. In recent news, on February 13, TD Cowen analyst John Blackledge reiterated a Buy rating on Alphabet (NASDAQ: GOOG) with a $365.00 price target.

Blackledge highlighted Waymo’s scaling momentum characterized by its more than 280K weekly trips, improving utilization, and stronger geo expansion in CA. He noted how Waymo has completed 1.26 million trips with passengers in California during December 2025, up from 1.02 million trips in September 2025.

Meanwhile, passenger miles per trip grew 3.8% quarter-over-quarter in the fourth quarter of 2025, implying geographic expansion and freeway access in Los Angeles and San Francisco. As per the firm, utilization metrics have seen improvement on a year-over-year basis, particularly as minutes between trips decreased to 18 minutes per trip in December 2025 compared to 27 minutes per trip in the same period a year earlier.

Alphabet Inc. (NASDAQ:GOOGL) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.

While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOGL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT:10 Trending AI Stocks According to Analysts and 11 AI Stocks on Wall Street’s Radar: Nvidia, CoreWeave, and More.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9