Alphabet Inc. (NASDAQ:GOOGL) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin.
Technology giant Alphabet Inc. (NASDAQ:GOOGL)’s shares are up by 106% over the past year and 15% year-to-date. Bank of America discussed the firm on June 4th after Alphabet’s latest capital announcement. It reiterated a Buy rating for the shares and commented that the firm could see healthy capital expenditure in 2026 or 2027 following the raise.
BofA’s coAdd Newverage came a day after Alphabet Inc. (NASDAQ:GOOGL) revealed that its Gemini app’s engagement had grown to 900 million active users as of May and added that paid subscriptions sat at 350 million. The firm used the statistics to announce an $84.75 billion capital raise.
Alphabet Inc. (NASDAQ:GOOGL) trades at a forward price-to-earnings ratio of 25.06, which is lower than the market’s 30.89. Piper Sandler raised the firm’s share price target to $445 from $425 and kept an Overweight rating on the stock on June 1st.
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PBCM discussed Alphabet Inc. (NASDAQ:GOOG) in its fourth quarter 2025 investor letter:
“Alphabet Inc. (NASDAQ:GOOG) also landed on the list of top 5 contributors for a second consecutive quarter. The company appears to be one of the biggest beneficiaries of the AI transition, and their Gemini Large Language Model (LLM) has established itself as a leading LLM along with Claude and ChatGPT. Perception has come a long way from when we first purchased GOOG in March 2023 when the prevailing consensus was that GOOG missed the AI boom and its monopoly on search would deteriorate rapidly.
Unfortunately, in our view investors may have become too enthusiastic about Alphabet’s prospects, pushing the share price well ahead of our most optimistic view of its intrinsic value. As a result, we made the decision to exit our position this quarter and redeployed the funds into a new position. It is always difficult to sell our compounders, and GOOG certainly qualifies as one; but when a stock price moves 10% or more above the top end of our estimated range of intrinsic values, we would no longer be investing but rather speculating.”
While we acknowledge the risk and potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GOOGL and that has 10,000% upside potential, check out our report about the cheapest AI stock.
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