Top 10 Stock Recommendations You Can’t Miss Amid Growing AI Bubble Fears

2. Alphabet Inc (NASDAQ:GOOG)

Number of Hedge Fund Investors: 178

Brent Thill of Jefferies recently talked about a study on AI chatbots his team conducted and discussed the results. Based on the research results, Jefferies believes Google Gemini could become the leading copilot for consumers. Here is what Thill said:

“We took 10 questions. We took our entire research team and we had the team independently go through and use Perplexity, ChatGBT, and Google Gemini. And everyone independently scored what they found, whether it was looking for a laptop, looking for shoes, effectively doing a restaurant search, completely different skills in terms of what we were looking for. And we then ranked it and Chetchi GPT came out ahead overall on the scoring, but Gemini was right there from Google in a very close position.”

Thill said different chatbots have their own strengths and weaknesses, and we may need multiple tools instead of relying on a single one.

“We see a future where we’re all going to have multiple agents working for us because all the agents have different strengths and that maybe at one point we’re going to need an agent to manage all the agents because there’s going to be so many great agents. One may be good at booking restaurant reservations, one might be good looking for other, more advanced things. So overall, we’re continued to be bullish about Google’s position in this.”

Mairs & Power Balanced Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOG) in its second quarter 2025 investor letter:

“Alphabet Inc. (NASDAQ:GOOG) led underperformance in the Communications sector during the first half of the year as there is increasing concern about the impact of generative AI on Alphabet’s search business and whether it will be able to meaningfully respond. We have been trimming the Fund’s holdings in Alphabet as part of the transition to Amazon but also to reflect lower confidence in the company’s ability to maintain its competitive advantage longer term.