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Barchart
Barchart
Aditya Raghunath

Move Over, Nvidia! These Analysts Are Betting on Another Tech Stock for the World’s No. 1 Spot.

Alphabet Nvidia Google Google Cloud Thomas Kurian Waymo

MoffettNathanson thinks Alphabet (GOOG) (GOOGL) should displace Nvidia (NVDA) as the world's most valuable company. The brokerage raised its price target on GOOGL stock to $295, suggesting 20% upside from current levels.

Analyst Michael Nathanson sees Alphabet, Google’s parent company, as the clear winner in the artificial intelligence (AI) race. He points to four key advantages: leadership in multimodal search, accelerating cloud growth, better YouTube monetization, and the emerging Waymo business.

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