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

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. More ...