This Single-Stock ETF Could Notch AI Gains

Core Viewpoint - AI stocks, particularly Alphabet (GOOGL), have shown significant performance, with shares rising nearly 22% in the past month, partly due to Berkshire Hathaway's investment [1] Group 1: Investment Opportunity - The Direxion Daily GOOGL Bull 2X Shares (GGLL) is a leveraged ETF aimed at delivering 200% of Alphabet's daily performance, suitable for short-term trading [2] - Alphabet's shares are relatively undervalued compared to other AI stocks, trading at 26 times earnings, making it the second-cheapest among the "Magnificent Seven" [3][4] - Analysts project Alphabet to earn over $10 per share this year, with potential for 20% growth next year, driven by its cloud unit and AI advancements [6] Group 2: Financial Performance - Alphabet's third-quarter pretax profit grew by 39%, with profit margins expanding by seven percentage points, despite increased spending of $24 billion [5] - The company's historical ability to generate value and the launch of Gemini 3 suggest continued potential for profitability in the future [7]