Alphabet: Continue To Milk Search While Taking Over AI

Group 1 - The stock of Alphabet (NASDAQ: GOOG) is perceived to be significantly undervalued due to excessive pessimism regarding its search business and insufficient optimism about its advancements in AI [1] - The company is taking a leading position in AI, which is expected to positively impact its future performance [1] - The investment strategy focuses on a total return approach, utilizing both long and short positions, with an emphasis on identifying stocks or sectors with favorable risk-reward profiles [1] Group 2 - The investment style includes a core-satellite strategy, where the core consists of large-cap stocks or ETFs, while smaller, undervalued stocks serve as satellites [1] - Short selling is targeted at overvalued stocks that are anticipated to decline in value [1] - The analyst has a beneficial long position in GOOG shares, indicating confidence in the stock's future performance [2]