5 Best Stocks to Buy and Hold for a Lifetime

4. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 152

Before ChatGPT launched, Alphabet Inc. (NASDAQ:GOOG) has widely been regarded as one of the AI leaders. With ChatGPT’s substantial growth, however, and the app’s integration into Bing, Alphabet Inc. (NASDAQ:GOOG) now faces a challenge in its core search business. Nevertheless, ChatGPT makes mistakes and Alphabet Inc. (NASDAQ:GOOG) has its own version of ChatGPT that the company will need to figure out how to monetize successfully. If Alphabet Inc. (NASDAQ:GOOG) can maintain its search profitability and launch new AI products, the stock has upside given its forward P/E ratio of 15.07 as of 2/22. If Alphabet Inc. (NASDAQ:GOOG) fails to maintain its existing profitability in search, the stock might be the riskiest on our list even if it is a blue chip.