Bill Ackman's Major Investment in Alphabet: Wall Street Bullish on AI Stock

Reported about 21 hours ago

Billionaire Bill Ackman has allocated 14% of his $11.9 billion portfolio to Alphabet, Google's parent company, signaling a strong belief in its AI potential. Despite previous challenges, Wall Street analysts are highly optimistic about Alphabet's future. Recent evaluations suggest the stock could rise significantly, with some analysts predicting an upside of up to 45% in the next year, making it an attractive investment for long-term growth.

Source: YAHOO

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