Here's What a $1,000 Investment in Alphabet Stock Could Be Worth in 5 Years. (Hint: It Could More Than Double.)
Alphabet's potential could make it worth investing in now.
Overview
In my view, one of the most intriguing megacap artificial intelligence stocks to buy and hold over the next five years is Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). The company has the most complete AI stack and multiple built-in advantages. With $1,000, an investor can buy three shares of the AI stock.
Throughout history, one of the biggest advantages a company can have is distribution, whether that be Coca-Cola with soda or Microsoft with its pre-installed operating system and software bundles on PCs. This is no different with AI, and that is one area where Alphabet continues to shine.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.