5 Best Affordable Tech Stocks to Buy Now

3. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 152

Alphabet Inc. (NASDAQ:GOOG) is a search engine giant that has lately faced more competition given Microsoft has incorporated AI into Bing. Although the AI makes mistakes, Bing has gotten more search traffic as a result, and Alphabet Inc. (NASDAQ:GOOG) is planning on launching multiple AI products of its own this year. While it has had a powerful chatbot of its own for years, Alphabet Inc. (NASDAQ:GOOG) delayed the public release as its executives thought it posed a risk to reputation and to the search ad businesses. Given the potential disruption to the company’s most profitable business, Alphabet Inc. (NASDAQ:GOOG) trades for a forward P/E of 16.92 as of March 28, which could be cheap or expensive depending on how well the company adjusts to the new AI environment. If it doesn’t do well in AI, Alphabet Inc. (NASDAQ:GOOG) is one of the riskiest stocks on our list.