Where Will Alphabet Stock Be in 5 Years?
Yahoo Finance ·
Conditions are looking good for Alphabet ( GOOGL 0.23% ) ( GOOG 0.37% ) . The Google parent's stock is up as the company dispelled doubts that its Google Gemini model could compete with the likes of ChatGPT and Claude. Moreover, despite it more than doubling over the last 12 months, it is likely not too late to invest in this "Magnificent Seven" stock . Amid its successes with AI, Alphabet is likely to outperform the market over the next five years, and here's why. Investors should remember that Google was an AI pioneer since its early days, having launched its first AI-driven application in 2001. Nonetheless, despite that longstanding focus, Alphabet's outlook did not look so rosy after OpenAI released GPT-4 in the spring of 2023. That platform offered simpler, clearer responses to queries not found on a traditional search engine like Google.
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