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Is Alphabet (GOOGL) One of the Best Fundamentally Strong Stocks to Buy Now?
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Fundamentally Strong Stocks to Buy Now. On May 15, Oppenheimer analyst Jason Helfstein lifted the firm’s price objective on the company’s stock to $445 from $425 and kept an “Outperform” rating. Notably, the firm highlighted increased GCP estimates as the 28x 2027 EPS multiple is unchanged. The firm expects more capacity unlock for Alphabet Inc. (NASDAQ:GOOGL) through the balance of 2026. In a different update, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) sold 576.5 billion yen ($3.6 billion) in yen-denominated bonds. This is the largest-ever issue by a foreign company. For the company, it is the first yen-denominated debt issue. It has sought to diversify its funding sources. The company highlighted the capex of up to $190 billion this year. It has issued bonds in euros, sterling, Canadian dollars, and Swiss francs, reported Reuters. Reuters, while quoting Mizuho Securities (one of the underwriters), reported that the demand remained strong across domestic and international investors. Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services. While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts. Disclosure: None. Follow Insider Monkey on Google News.
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