Alphabet (GOOG) Provides “Growth at a Superb Price,” Well-Known Investor Says

Alphabet Inc. (NASDAQ:GOOG) is providing investors with “growth at a superb price,” prominent investor Jim Lebenthal asserted recently on CNBC.

A frequent guest on the network,  Lebenthal is a partner at Cerity Partners. He manages clients’ U.S. equity portfolios.

Another guest on the same CNBC segment, Brian Belski, was also very bullish on GOOG.

Both Lebenthal and Belski own Alphabet Inc..

Belski is BMO Capital’s chief investment strategist.

Alphabet Inc. Has Many Positive Attributes and a Low Valuation, Lebenthal Says

Google “is a verb,” and GOOG also has “moon shots,” while it is “reducing its share count” through share buybacks, the investor stated.

Moreover, the name is changing hands at a low valuation of 17 times analysts’ average forward earnings estimate for the company, Lebenthal noted.

Why Belski is Bullish on Alphabet Inc.

Many “unicorn” tech companies are using Alphabet’s AI, Belski reported.

Secondly, the investor does not expect consumers to stop using Google despite the advent of AI models.

And finally, Belski is very upbeat on Alphabet Inc.’s YouTube business, asserting that it “is just as big as Netflix (NFLX).”

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

This article is originally published at Insider Monkey.