5 Most Promising Future Stocks to Buy

4. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 152

Alphabet Inc. (NASDAQ:GOOG) has invested a lot of money into self driving cars and various AI projects over the years that could help it diversify its income in case its search business comes under more pressure from Bing. In terms of its self driving cars, Alphabet Inc. (NASDAQ:GOOG)’s Waymo is one of the leaders in the industry and in terms of AI, Alphabet Inc. (NASDAQ:GOOG) plans to launch more than 20 AI products this year. Given Bing could gain market share in the near term, Alphabet Inc. (NASDAQ:GOOG) is a higher risk stock even though it has a forward P/E of 15.11 as of February 21.