Alphabet Inc. (GOOGL) Touted as AI-Driven Search Winner as Analysts See TAM Expansion

Group 1 - Alphabet Inc. is recognized as one of the top AI stocks on Wall Street, with a Market Outperform rating and a price target of $385.00 set by Citizens analyst Andrew Boone [1] - The expansion of artificial intelligence is increasing the Total Addressable Market (TAM) for search, allowing for a broader range of queries and better inference of commercial intent from informational questions [1][2] - The firm believes that retail media budgets may shift towards search as agentic search matures, and anticipates that Google can sustain search growth in the teens, potentially exceeding 20% [2] Group 2 - While Alphabet Inc. is seen as a strong investment, some analysts suggest that other AI stocks may offer greater upside potential with less downside risk [3] - The article hints at the potential benefits of certain undervalued AI stocks from trends such as Trump-era tariffs and onshoring [3]