Alphabet Inc. (NASDAQ:GOOGL) is among the 14 Best Big Name Stocks to Invest in Right Now. On October 14, Goldman Sachs lifted the stock’s price target to $288 from $234, while maintaining a Buy rating for its shares.
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The adjustment came as part of a broader research note released by the firm, previewing third-quarter results in Digital Advertising names. Goldman said that it continues to view Alphabet Inc. (NASDAQ:GOOGL) as among the most levered artificial intelligence companies in its coverage universe.
The analyst added that this view was also becoming more universally acceptable now among investors, with the stock making significant gains since his last earnings preview. Moreover, the growth in usage of Gemini and core Search, coupled with the Search antitrust verdict being more favorable than initially expected, has led to a healthy re-rating of the shares.
The stock has had impressive returns in 2025, gaining 33% YTD as of the close on October 15.
Alphabet Inc. (NASDAQ:GOOGL) owns several notable platforms such as Google Search, Google Maps, Gmail, and YouTube. The company is also known for pioneering work and research in cloud computing, quantum computing, and artificial intelligence.
While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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