This top AI stock is up 75% since April.
There are several great companies capitalizing on the artificial intelligence (AI) boom that would make solid stocks to buy right now. But among leading tech giants, Alphabet ( GOOG 1.27% ) ( GOOGL 1.23% ) stands out.
The stock is up over 75% since hitting a 52-week low in April, but it still trades at a reasonable valuation. With 2 billion users and one of the best enterprise cloud services available, Alphabet is well-positioned to help investors outperform the market.
How Google is benefiting from AI
Earlier in the year, some investors were concerned about Google's competitive position as more people started using ChatGPT and other models to look up information. This overlooked the power of Google's Gemini AI model , which ha