Veteran Investor Remains Bullish on Alphabet Inc (GOOG) Despite AI Threat

Alphabet Inc (GOOG) will be able to overcome the challenge to its internet search dominance being mounted by AI models, veteran investor Joe Tigay predicted on the Schwab Network recently.

Tigay is the Portfolio Manager of the Rational Equity Armor Fund.

Why Tigay Believes That Alphabet Inc (GOOG) Can Overcome the Challenge 

GOOG is creating its own AI tools, and it will likely be able to utilize these systems “correctly,” Tigay asserted.

Moreover, the firm has the ability to use the tools to “make search a better user experience,” he stated. Consequently, consumers will still see the Google search engine as the best place to obtain the information that they need, the veteran investor believes.

Finally, Tigay said that he has faith in GOOG’s “technology and workers,” as well as its brand, making him confident that the tech giant “will be able to figure out” AI.

While we acknowledge the potential of GOOG, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GOOG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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

Disclosure: None. This article is originally published at Insider Monkey