Premium content from Motley Fool Share Advisor UK
Our monthly Fire Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of growth-focused Fire recommendations, to help Fools build out their portfolios.
“Best Buys Now” Pick #1:
Alphabet (NASDAQ:GOOG)
- Dominant search company with greater than 90% global market share.
- It boasts impressive intangible assets, such as the tech expertise behind its search products, which provides a competitive advantage.
- These advantages were on display in Alphabet’s fourth quarter, with revenues up 13% to $83bn, helped by continued strength in Google search as well as accelerating growth in the cloud business
- We think the company should speed up the pace it’s integrating artificial intelligence into its products, including search, Maps, Gmail, Google Photos and others. (Recent reports also suggest Google and Apple are in discussions to bring its Gemini AI model to iPhones.)
- But we shouldn’t forget the dominant position Alphabet holds in online advertising, the huge cash flow it pumps out quarter after quarter, and the opportunity to improve its products (including in the fast-growing cloud computing market) through its technological expertise (including in AI).
