This Stock Has Trounced Microsoft, Alphabet, and AMD. It Has Nothing to Do With AI.
The big story in the stock market over the past few years has been artificial intelligence (AI). Generative AI, which can create text, images, videos, and audio, looks likely to be a transformative technology. Tech leaders like Microsoft, , and Advanced Micro Devices are betting heavily on AI to drive growth.
While the stocks of all three of those AI-centric companies have surged over the past year, they have been beaten handily by a stock that has absolutely nothing to do with AI. Investing is about more than chasing buzzwords. The tried-and-true method of finding unappreciated companies with solid growth prospects trading at pessimistic valuations still works.
This mystery stock has more than doubled over the past year, beating all three of the aforementioned tech companies by large margins. It has also trounced Microsoft, Alphabet, and AMD over the past three years, nearly tripling in that time.
Source Fool.com
Alphabet Inc. C Stock
With 23 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 163 € shows a slightly positive potential of 1.7% compared to the current price of 160.28 € for Alphabet Inc. C.
