Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw.
Alphabet Inc. (NASDAQ:GOOGL)’s shares are up by 103% over the past year and 13% year-to-date. Over the course of the past year, the firm has managed to transform itself from operating under the threat of action by the Justice Department to being one of the most indomitable forces in the technology industry. Alphabet Inc. (NASDAQ:GOOGL) made key inroads in the fast growing agentic artificial intelligence sector on July 7th. The firm announced that it had partnered with consulting firm Accenture to expand market access to its Google Cloud products. Through the partnership, Alphabet Inc. (NASDAQ:GOOGL) and Accenture will provide cybersecurity, workforce management, and other products.
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Banking giant Wells Fargo discussed Alphabet Inc. (NASDAQ:GOOGL)’s shares on July 2nd. It cut the share price target to $416 from $435 and kept an Overweight rating on the stock. While it cut the share price target, the financial firm expressed enthusiasm about Alphabet Inc. (NASDAQ:GOOGL)’s ability to grow Google Search, and more importantly, Google Cloud revenue.
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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