By Vardah Gill
Publication Date: 2026-05-09 00:39:00
With a YTD Return of 24.2% as of May 7, Alphabet Inc. (NASDAQ:GOOG) is included among the 10 Best Stocks to Buy to Beat the S&P 500.
On May 7, Mizuho raised its price recommendation on Alphabet Inc. (NASDAQ:GOOG) to $460 from $420 and maintained an Outperform rating on the shares. The firm said Wall Street estimates still significantly understate Google Cloud’s revenue and operating income potential over the next two years.
During the Q1 2026 earnings call, Sundar Pichai, CEO of Alphabet Inc., said the quarter reflected strong AI-driven momentum across the company’s businesses. He noted that Alphabet’s investments in AI and its full-stack strategy continued to support performance across the portfolio. Pichai also said AI remained a major driver of Search growth, with both search usage and query volumes reaching record highs during the quarter.
Discussing cloud performance,…