I added to my position in Alphabet Inc. (GOOGL) today, attracted by its strong long-term growth prospects. Canaccord Genuity recently raised its price target to $390, maintaining a Buy rating, citing confidence in Alphabet despite near-term caution. A key driver is the rapid adoption of the Gemini chatbot, which has seen over an 18% increase in generative AI web traffic. The launch of Gemini 3 Flash, offering frontier-level performance at an attractive cost, could be a gamechanger. These factors reinforce my conviction in GOOGL as a core holding for sustained growth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
