"Top AI Stocks for February 2024: Better Than Nvidia?"

1 min read
Source: The Motley Fool
"Top AI Stocks for February 2024: Better Than Nvidia?"
Photo: The Motley Fool
TL;DR Summary

Wall Street analysts see more upside in Alphabet (GOOGL) as an AI growth stock compared to Nvidia, with a consensus price target of $164.50 per share implying a 15% upside. Despite a slight miss in Google advertising revenue, Alphabet's strong financial performance and market leadership in digital advertising and cloud computing make it an attractive investment, especially with expectations of double-digit sales growth and a reasonable valuation.

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