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Alphabet is a good AI stock to buy with a $1,000 investment consideration in October

The Motley Fool +1 ·

GOOGL Alphabet Inc
$350.50 +0.81%
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  1. 1Alphabet's market capitalization reaches $4.2 trillion.
  2. 2As of October 6, Alphabet's stock has recorded a 156% price increase over the past five years.
  3. 3Alphabet's AI capital expenditure amounts to hundreds of billions of dollars.

So what's the key point?

Alphabet is spending a massive amount of money on artificial intelligence technology. The stock price has risen by 156% over the last five years, making it a good option for investment.

Source The Motley Fool +1 · View original ↗

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