|Day's range||55.80 - 55.80|
In particular, OpenAI's ChatGPT chatbot has taken the world by storm and impressed with its ability to answer questions in a factual, detailed manner and deliver responses in an impressive prose style. With OpenAI and Microsoft's revolutionary chatbot and other projects getting most of the positive press right now, the market may be underestimating Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) strengths and long-term opportunities in the AI industry. Notably, some analysts expect that ChatGPT could have a major negative impact on Alphabet's core businesses.
Chevron, Alphabet, and Apple illustrate different ways companies can use their free cash flow to drive long-term shareholder value.
Two stocks I think fit this description are Alphabet (NASDAQ: GOOGL) and MercadoLibre (NASDAQ: MELI). Alphabet is the parent company of Google, YouTube, and the Android operating system. Despite having a broad portfolio of brands, Alphabet's revenue depends on one thing: Advertising.