There’s no doubt that artificial intelligence (AI) has become a topic that’s been virtually impossible to avoid over the past couple of years. Although it’s not a new technology, the popularity of AI tools like ChatGPT has brought it to the mainstream.
Many companies dealing with AI have seen their stock prices surge due to investors rushing to take advantage of new growth opportunities. However, that has made many of these stocks inflated and overvalued.
However, one stock that has shown promising AI growth, consistent profits, and a relatively low valuation is Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL). It’s seemingly one of the best deals you can get from an AI stock right now.