Key Points While Google Search and YouTube get a lot of attention, Google Cloud might be Alphabet’s most important segment today. Investors remain focused on Google Cloud's impressive revenue growth and customer backlog. This top AI stock’s current valuation might be considered cheap, which can limit downside. 10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) established its all-time high price in May. Since that peak, shares have fallen 15% (as of Sept. 11). The latest dip hasn't gotten in the way of what has been a fantastic run. The Magnificent Seven stock has still soared 43% in the past 12 months. Over the past three years, the shares are up a noteworthy 150%.
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