12 AI Stocks Poised for Massive Growth

3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 234

Alphabet Inc. (NASDAQ:GOOG) is an American multinational technology conglomerate holding company wholly owning the internet giant Google, amongst other businesses.

On March 12, Evercore ISI reiterated the stock as “Outperform”, stating that the search giant remains a top pick.

“While our survey suggests Search competition, it also suggests no notable change or slippage in Google’s share of highly commercial intent Search use cases while indicating that Google’s Gen AI innovations are creating an overall better Search Engine for users…”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $220 implies a 32% upside, however, the Street-high target of $250 implies an upside of 49.6%.