"Alphabet ( NASDAQ:GOOGL) was the Mag Seven hero last year, with around 65% in gains, standing head and shoulders above its peers in the mega-cap tech cohort. But just because the new year has arrived doesn't mean shares will cool off as the company's AI efforts look to pay off. With shares up nearly 5% so far this year, it feels like Alphabet is about to experience another parabolic move higher after dipping a bit in November."
"Cantor Fitzgerald analysts see "defining moats" shifting "from model intelligence to practical usefulness," an area "where Google has a sizeable lead." I couldn't agree more. It's one thing to give a round of applause for hitting high benchmarks relative to rival AI models. But it's another thing to actually deliver a product that actually vastly improves the lives of users."
S&P 500 closed in on the 7,000 mark to start 2026. Not all 2025 winners will repeat, but some fast-running tech stocks could stay strong even without broad market momentum. Alphabet gained about 65% in 2025 and is up nearly 5% so far in 2026 after a November dip. Cantor Fitzgerald raised Alphabet's price target to $370, citing a shift from model intelligence to practical usefulness and pointing to Google’s sizeable lead and Gemini's rapid user growth. At roughly 29.1 times forward P/E, Alphabet appears undervalued versus potential catalysts like Waymo and robotics innovation.
Read at 24/7 Wall St.
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