Alphabet Goes All In on Artificial Intelligence (AI). Is It Time to Go All In on the Stock?
Alphabet is among the cheapest of the large-cap companies investing heavily in AI, trading at just over a 22.5x forward price-to-earnings ratio (P/E). Valuation alone, though, isn't enough reason to buy the stock. However, the company could very well be one of the biggest AI winners -- if not the biggest.