11 Trending AI Stocks on Latest News and Ratings

Page 6 of 11

6. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 165

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. On November 6, Loop Capital raised the price target on the stock to $185 from $170 and kept a Hold rating on the shares. In an investor note, the advisory underlined that it was rolling forward its valuation framework to 2026 targets, also noting that the tech company was doing many things right, especially with spending discipline and increasing stock repurchase through this period of longer-term uncertainty and valuation pressure. The note further added that besides evidence of revenue growth acceleration driven by AI search, which does not seem likely in the near term, the advisory did not see a catalyst for reversal of positive sentiment.

Page 6 of 11