Alphabet Has A Good Chance Of Winning The AI Race

  • Alphabet (GOOG) is both a strong growth business and undervalued, trading at a P/E of 19, well below tech peers and the market average. Recent stock underperformance is due to antitrust risks, AI investment concerns, competition, and Apple's potential search engine shift, but these are already priced in. Google's extensive data infrastructure, AI leadership, and significant vertical integration position it to compete effectively in the AI race and maintain its search engine position.