5 Best Autonomous Vehicle Stocks To Invest In

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1. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 196

Alphabet Inc. (NASDAQ:GOOGL) is a multinational technology company based in the United States. It is divided into three business units: Google Services, Google Cloud, and Other Bets. Waymo LLC is a California-based autonomous driving technology company that is owned by Alphabet Inc. (NASDAQ:GOOGL).

On November 23, 2022, Andrew Boone, an analyst at JMP Securities, reduced his price target on Alphabet Inc. (NASDAQ:GOOGL) to $132 while keeping an Outperform rating on the stock. The analyst is expecting a recovery of digital advertising by the third quarter of next year.

196 hedge funds were long on the company’s stock at the end of the third quarter, according to Insider Monkey’s database. TCI Fund Management had the biggest long position in the company at the end of Q3 2022.

You can also take a look at 11 Best Medical Technology Stocks To Buy and 15 Best Affordable Stocks To Buy Now.

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