This Billionaire Investor Bought This AI Stock-Split Stock. Should You?

By Neil Rozenbaum – Jun 23, 2023 at 10:00AM

NASDAQ: GOOGL

Alphabet

Market Cap

$2,138B

Today's Change

(10.22%) $15.95

Current Price

$171.95

Price as of April 26, 2024, 4:00 p.m. ET

Follow the money.

Alphabet (GOOGL 10.22%) (GOOG 9.96%) had a 20-to-1 stock split in 2022. In this video, I will talk about why billionaire investor Bill Ackman bought millions of shares, why Google is looking to invest in India, some positive Cloud and YouTube announcements, and why I believe Alphabet is one of the best stocks to buy despite the EU pushing the company to divest.

*Stock prices used were from the trading day of June 22, 2023. The video was published on June 23, 2023.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.