Alphabet Inc. (GOOGL): Billionaire David Abrams Reduces Position - Insider Monkey Alphabet Inc. (NASDAQ:GOOGL) is highlighted as one of the 12 best stocks to buy according to billionaire David Abrams. The company, a leader in artificial intelligence, is featured in the portfolios of numerous elite hedge funds. Its dominance in the AI sector is underscored by significant growth in its Google Cloud division. In the fourth quarter of 2025, Google Cloud revenue rose by 48%, reaching $17.7 billion—a performance that surpassed Microsoft Azure’s growth for the first time in years. This growth is attributed to increased demand for cloud services and the company’s strategic investments in AI-driven infrastructure. Institutional investors are increasingly allocating capital to Alphabet, driven by its substantial $240 billion backlog of cloud contracts at the start of 2026. This backlog is viewed as a key catalyst for future earnings, offering predictable, high-margin revenue streams. Additionally, concerns about AI undermining Google’s search dominance have eased. The introduction of AI Overviews and AI Mode has not only improved user engagement but also boosted search queries, particularly in high-value commercial sectors. These features have demonstrated that AI integration is enhancing, rather than replacing, traditional search functions. While the article acknowledges the risks and potential of investing in Alphabet, it notes that some AI stocks may offer greater upside potential in the short term. Specifically, it references a report highlighting a "cheapest AI stock" with a projected 10,000% upside. However, this recommendation appears to be promotional in nature, as it is presented alongside other paid content.#google_cloud #insider_monkey #alphabet_inc #ai_overviews #david_abrams
