Key Points Between its Class A and Class C shares, Alphabet makes up 10% of the conglomerate’s total holdings. Abel and Buffett must have confidence that the AI stock will generate substantial returns on its huge capital expenditures. 10 stocks we like better than Alphabet › Warren Buffett, who recently stepped down as chairman of Berkshire Hathaway , doesn't have a history of owning technology businesses. While the conglomerate's investment in Apple can be viewed as a bet on a strong consumer brand, the Omaha company's sizable bet on Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) signals an evolution. The legendary investor and his successor, Greg Abel, are extremely bullish on this monster artificial intelligence (AI) stock . Missed AI’s "Act 1"?
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