35 Trending AI Stocks on Latest Analyst Ratings and News

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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. Bank of America recently maintained a Buy rating with a $206 price target on the stock. In a research note, the investment firm detailed that a recent DOJ court filing was weighing on the stock but claimed that the initial proposed set of remedies regarding the Google breakup were generally in line with investor expectations. The advisory, which anticipates more twists and turns in the case ahead, also saw positives, including its belief that Google was well-positioned in the search market, Google’s counter proposals in December were likely provide a more positive potential outcome, and limited layoffs so far compared to peers gave the company’s new CFO a positive cost basis set up to drive EPS growth.

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