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Better AI Stock: Amazon vs. Alphabet

TheMotleyFool 
0 0 07.05.24
Better AI Stock: Amazon vs. AlphabetPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png
 

As some of the world's most valuable companies, Amazon (NASDAQ: AMZN) and (NASDAQ: GOOGL) (NASDAQ: GOOG) have long histories of providing investors with significant and consistent gains. Their shares are up 1,000% and 516% respectively over the past decade -- and the companies still have promising prospects as they expand their reach.

The shares look like particularly attractive options for anyone aiming to invest in artificial intelligence (AI). Demand for AI services has skyrocketed over the last year, with Amazon and Alphabet well-equipped to meet Demand with their respective cloud platforms. These tech giants are investing heavily in the budding AI market, and could see significant gains as the sector develops.

So let's compare these companies' businesses and determine whether Amazon or Alphabet is the better AI stock right now.

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Source Fool.com

Alphabet Inc. C Stock

€309.30
6.930%
A very strong showing by Alphabet Inc. C today, with an increase of €20.05 (6.930%) compared to yesterday's price.
Our community is currently high on Alphabet Inc. C with 68 Buy predictions and 5 Sell predictions.
With a target price of 367 € there is a slightly positive potential of 18.66% for Alphabet Inc. C compared to the current price of 309.3 €.
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