Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Reddit Stocks to Invest in Now. On September 3, Oppenheimer lifted the price objective on the company’s stock to $270 from $235, while keeping an “Outperform” rating, as reported by The Fly. The firm stated that the DOJ monopoly remedy happens to be the best-case outcome, removing the medium-term overhang. The analyst further noted that Alphabet Inc. (NASDAQ:GOOGL) will not divest Chrome/Android and could continue to pay Apple for the Search users. The analyst added that Google and Apple can also partner on AI now.
In Q2 2025, Alphabet Inc. (NASDAQ:GOOGL) stated that Google Services revenues rose 12% to $82.5 billion, demonstrating healthy performance throughout Google Search & other, Google subscriptions, platforms, and devices, and YouTube ads. Search saw double-digit revenue growth, and its new features, such as AI Overviews and AI Mode, continue to perform well.
GreensKeeper Asset Management, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:
“Our second-best performer in the quarter was Alphabet Inc. (NASDAQ:GOOGL) +13.5%. During the quarter, Alphabet hosted its annual developer conference, highlighting its advancements in AI tools across its product suite. Google’s AI Overview product continues to gain traction with over 1.5 billion monthly users, and its direct ChatGPT competitor, Gemini, is now used by more than 400 million people each month. Recent updates have reinstated the company’s models to the top of the AI power rankings. Importantly for shareholders, AI Overviews have been increasing the total number of queries at Google, which the company is monetizing at a similar rate to traditional search. Google’s business fundamentals remain healthy, with operating earnings growing 20 % in Q1.”
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.
READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now
Disclosure: None. This article is originally published at Insider Monkey.
