What Is 1 of the Best Artificial Intelligence (AI) Stocks to Buy Now?

Group 1 - Alphabet's stock has increased over 75% since reaching a 52-week low in April, indicating strong market performance and a reasonable valuation [1] - The company's Gemini AI model is recognized as one of the best, enhancing its competitive position against emerging AI models like ChatGPT [3] - Revenue from Google's Search, its largest business, grew by 12% year over year in Q2, driven by increased search queries utilizing AI Overviews [4] Group 2 - Google Cloud experienced a 28% quarter-over-quarter increase in new customers in Q2, attributed to its AI-optimized data centers and offerings [5] - The company generated $67 billion in free cash flow over the last year, matching its capital expenditures for technology and AI infrastructure [6] - Alphabet's stock trades at a forward price-to-earnings multiple of 25, which is considered reasonable given a 22% year-over-year increase in earnings reported last quarter [7]