I recently added to my position in Alphabet Inc. (NASDAQ:GOOGL) following Canaccord Genuity’s upgrade of the stock’s price target from $330 to $390 while maintaining a Buy rating. The firm highlighted Alphabet’s strong long-term prospects, particularly driven by the rapid scaling of its Gemini chatbot, which recently saw over an 18% rise in generative AI web traffic. The launch of the Gemini 3 Flash model could be a gamechanger, offering frontier-level AI performance at a highly attractive cost. With these catalysts, I see GOOG as a compelling investment opportunity.
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