12 Best Innovative Stocks to Buy Now

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3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 219

Alphabet Inc. (NASDAQ:GOOGL) is one of the best innovative stocks to buy now. On September 17, Google and PayPal Holdings Inc. (NASDAQ:PYPL) announced a multiyear partnership to advance several commerce solutions and revolutionize digital commerce. The collaboration combines the expertise and scale of both companies and seeks to deliver frictionless digital commerce experiences.

The partnership focuses on several key innovations to redefine the future of commerce. Firstly, the companies are collaborating on Agentic Shopping and Commerce Experiences, creating new AI shopping experiences and developing industry standards by combining PayPal’s global payment infrastructure, data-driven personalization, and trusted identity solutions with Google’s AI expertise.

Secondly, there will be a Broad Embedding of PayPal Solutions across Google’s platforms, including PayPal-branded checkout, Hyperwallet, and PayPal Payouts, to support seamless experiences. Thirdly, PayPal Enterprise Payments will become a key payment provider for processing card payments across major Google products.

Alphabet Inc. (NASDAQ:GOOGL) offers various products and platforms internationally and operates through the Google Services, Google Cloud, and Other Bets segments.

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