12 Best Fundamental Stocks to Buy Now

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2. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holdings: 202

10-Year Revenue Growth Rate: 18.24%

10-Year Net Income Growth Rate: 22.06%

Alphabet Inc. (NASDAQ:GOOGL), the parent company of Google, is a global technology conglomerate encompassing a wide array of innovative businesses. The company is known for its groundbreaking work in search, advertising, cloud computing, and artificial intelligence (AI).

Alphabet Inc. (NASDAQ:GOOGL) is focusing its efforts on the development and integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies. The company has been investing heavily in the development of its AI platform, Gemini, which is being used to power a range of applications and services, including search, advertising, and cloud computing. With Gemini, Alphabet Inc. (NASDAQ:GOOGL) is aiming to revolutionize the way people interact with technology and make it more intuitive and user-friendly. The company is also using AI to improve its advertising business, with the launch of new ad formats and platforms that use machine learning to better target and engage users.

In addition to its AI efforts, Alphabet Inc. (NASDAQ:GOOGL) is also focusing on expanding its cloud computing business, Google Cloud. The company has been investing in the development of new cloud-based services and platforms, including its AI-powered cloud platform, Vertex, and its data analytics platform, BigQuery.

Furthermore, Alphabet Inc. (NASDAQ:GOOGL) is also exploring new opportunities in the autonomous vehicle industry through its subsidiary, Waymo. Waymo has been making significant progress in the development of its autonomous driving technology. The company has also partnered with major automotive companies, such as Uber and Hyundai, to expand Waymo’s reach and capabilities.

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