Alphabet Stock Is a Buy As Google Still Has Edge Over ChatGPT: BofA

Alphabet CEO Sundar Pichai.
Mateusz Wlodarczyk/NurPhoto/Getty Images

  • Alphabet has upside as Google still holds an edge in the search wars with ChatGPT and Bing, Bank of America said.
  • Google web visits far outpace those of Bing and ChatGPT, even as the latter launches a new iPhone app.
  • “ChatGPT is still unable to provide answers on current events or support external links like search, which we think are advantages for Google.”

Alphabet stock still has room to run higher given the strength of Google in the search engine wars, Bank of America strategists wrote in a Monday…

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