5 Best Stocks Under $100

2. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 152

Alphabet Inc. (NASDAQ:GOOG) is perhaps the riskiest stock on our list of 15 Best Stocks Under $100 given AI search from Microsoft’s Bing could take market share from Google and also raise costs. Although it has other popular businesses, search is Alphabet Inc. (NASDAQ:GOOG)’s biggest and most profitable business. Any disruption to search could affect Alphabet Inc. (NASDAQ:GOOG)’s profits and valuation.

Nevertheless, Alphabet Inc. (NASDAQ:GOOG) arguably also has a lot of potential because it is one of the leaders in AI. If its future AI products can offset any search headwinds in terms of profitability, Alphabet Inc. (NASDAQ:GOOG) could be attractive given its forward P/E ratio of 15.54 as of March 8.