Alphabet Stock Looks Cheap Through A Long-Term Lens

Alphabet Inc. remains undervalued with strong long-term prospects, despite competitive threats from ChatGPT and other AI platforms. Search & other, YouTube, and Google Cloud segments all show robust revenue growth and improving profitability, with AI integration driving engagement and monetization. Waymo's disruptive potential in autonomous vehicles and strategic partnerships, plus declining hardware costs, add significant optionality to GOOGL stock's valuation.