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TD Cowen Maintains “Buy” on Alphabet (GOOG), Cites Company’s Strong Growth Trajectory

With significant hedge fund interest, Alphabet Inc. (NASDAQ:GOOG) secures a spot on our list of the 11 best AI infrastructure stocks to buy right now.

Google

On November 13, 2025, Alphabet Inc. (NASDAQ:GOOG) saw the reiteration of a “Buy” rating by TD Cowen’s John Blackledge, who set a $335 price target. The analyst’s bullish stance was driven by an impressive growth trajectory of Waymo, the company’s autonomous vehicle business. The company’s business surpassed one million monthly rides in California, while expanding its service areas, reflecting robust demand for its services. Furthermore, the segment’s growth outlook remains strong, with the company planning to launch in seven new cities by 2026, increasing its weekly paid rides to one million by the end of 2026.

Blackledge also cited Waymo’s potential to increase the average trip distance and introduce freeway access in key cities. Furthermore, the analyst believes Alphabet Inc. (NASDAQ:GOOG) looks well-positioned to capitalize on the growing autonomous vehicle market, with plans to expand into new markets such as Miami, Washington, D.C., and London.

Meanwhile, on October 29, 2025, Alphabet Inc. (NASDAQ:GOOG) released Q3 2025 results, reporting $102.3 billion in revenue, an increase of 16% YoY. Earnings per share rose 35% to 2.87, thanks to standout performance from Google Cloud, which reported $15.2 billion in revenue, growing 34% YoY, due to a surge of over 200% in AI-related services. The segment reported margin expansion from 17.1% to 23.7%, thanks to increased adoption of AI infrastructure by enterprise customers. Furthermore, the company reported a 46% quarter-over-quarter growth in its cloud backlog, signaling strong momentum in its pipeline.

Facing immense capital expenditure pressure, Alphabet Inc. (NASDAQ:GOOG) raised its full-year 2025 guidance from $85 billion to $91-$93 billion due to a surge in AI infrastructure demand. The company expects further increases in 2026.

Alphabet Inc. (NASDAQ:GOOG), known for its Google search engine, offers various products and platforms through its Google Services, Google Cloud, and Other Bets segments.

While we acknowledge the potential of GOOG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GOOG and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 7 Best Oil and Gas Penny Stocks to Buy According to Analysts and Billionaire Jacob Rothschild’s RIT Capital Partners: 9 Stocks with Huge Upside Potential.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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