Here Is Why Alphabet (GOOGL) is One of The Best Stocks According to Billionaires

Alphabet Inc. (NASDAQ:GOOGL) is one of the 15 best stocks to invest in according to billionaires.

As of February 27 closing, Alphabet Inc. (NASDAQ:GOOGL) carried a strongly bullish consensus sentiment. The stock was covered by 32 analysts, 26 of whom assigned Buy ratings and 6 gave Hold calls. With no Sell rating, it has a projected median 1-year price target of $380.13. This results in an upside potential of almost 22% at the current level.

Among the recent updates, on February 17, Citizens maintained its Market Outperform rating on Alphabet Inc. (NASDAQ:GOOGL). The firm also reaffirmed a target price of $385, yielding an upside potential of almost 24% for investors.

Back on February 13, TD Cowen also maintained a Buy rating on Alphabet Inc. (NASDAQ:GOOG), with a $365 target price, based on impressive growth across the autonomous vehicle unit Waymo.

In another development, on February 26, Google announced the launch of AI-powered features in Google Translate to help users match the tone of their conversation to settings ranging from casual to professional.

Using Gemini’s multilingual capabilities, Translate now provides alternative translations, particularly useful for idioms and colloquial phrases. Users can tap “understand” for context or “ask” follow-up questions about specific scenarios. This feature is available today on Android and iOS in the U.S. and India, with web availability coming soon.

Alphabet Inc. (NASDAQ:GOOGL) is a technology conglomerate that provides AI, advertising, cloud, internet, and hardware solutions to users around the globe. Some of its offerings include Android, Google Chrome, Gmail, Google Drive, Maps, Google Photos, and YouTube. The company enables in-app purchases, consumer subscriptions, and subscription-based AI services.

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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