<p>在人工智能（AI）领域寻找便宜的股票并不是一件容易的事情。这个行业非常受欢迎，投入到这场军备竞赛中的资金令人瞠目结舌。然而，我认为有一只股票看起来是一个绝佳的买入机会，而且价格合理：<strong>Alphabet</strong>（GOOG 2.98%）（GOOGL 3.10%）。</p>
<p>Alphabet 以多种方式参与了人工智能的军备竞赛。虽然 <strong>Microsoft</strong> 通过投资 OpenAI 并将 ChatGPT 纳入其浏览器而抢先于谷歌，但 Alphabet 已经迎头赶上，并且仍然是以合理价格投资人工智能的最佳选择之一。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjk5MTgvcGVyc29uLWFuYWx5aXppbmctZmluYW5jaWFsLWRhdGEtb24tbXVsdGlwbGUtc2NyZWVucy5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjk5MTgvcGVyc29uLWFuYWx5aXppbmctZmluYW5jaWFsLWRhdGEtb24tbXVsdGlwbGUtc2NyZWVucy5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>尽管有人呼吁其衰落，谷歌搜索仍然表现良好</h2>
<p>Alphabet 是谷歌、YouTube、Android 操作系统和 Waymo 的母公司。它的业务范围广泛，但其科技帝国的很大一部分收入来自广告，特别是来自谷歌搜索引擎。目前市场情绪认为，谷歌搜索将在未来被生成式人工智能取代，这将对 Alphabet 的基础业务造成重大损害。</p>
<p>然而，谷歌并没有默默退场。</p>
<p>它已经推出了 AI 搜索概述，提供生成式人工智能驱动的谷歌搜索摘要，将传统搜索体验与新一代生成式人工智能产品相结合。这种组合对于大多数消费者来说可能已经足够，并且应该使谷歌在访问互联网的消费者心中保持领先地位。</p>
<p>目前看来，谷歌搜索的收入在第二季度同比增长了 12%。这比第一季度的 10% 增长速度有所加快，表明尽管存在被取代的担忧，谷歌搜索的表现相当不错。</p>
<p>但这并不是 Alphabet 接触人工智能的唯一方式。</p>
<h2>谷歌云是 Alphabet 的增长引擎</h2>
<p>处理人工智能工作负载所需的计算能力需求正在激增，大多数用户都在云端运行他们的工作负载。这对像谷歌云这样的云计算提供商是一个重大推动，随着人工智能军备竞赛的推进，它们的需求也在上升。谷歌云建立了一个庞大的数据中心网络，配备了高性能的计算设备用于人工智能工作负载，以及其他较低性能的设备用于更通用的工作负载。它已成为行业内运行人工智能工作负载的顶级平台之一，甚至获得了其人工智能竞争对手 OpenAI 的业务。</p>
<p>谷歌云目前在 Alphabet 的整体收入中占比并不大，仅占 14%，但它是增长最快的细分市场。在第二季度，谷歌云的收入同比增长了 32%，因此考虑到云计算领域的预期增长，它在未来几年可能会对公司的整体收入贡献更大。</p>
<h2>Alphabet 的低价标签是购买该股票的重要原因</h2>
<p>尽管 Alphabet 的业务运营水平很高，第二季度整体收入增长了 14%，稀释后每股收益（EPS）增长了 22%，但市场对 Alphabet 的股票仍然缺乏尊重。该股票的交易价格低于更广泛市场的水平，按 <strong>S&amp;P 500</strong> 的标准，后者的前瞻性市盈率为 24.1 倍。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/582432ff1150684537420b5d59191b06.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/582432ff1150684537420b5d59191b06.png"/></p>
<p>GOOGL 前瞻性市盈率数据来自 YCharts</p>
<p>Alphabet 的前瞻性市盈率为 20.3 倍，远低于更广泛市场，使其相比之下成为一个绝佳的便宜货。此外，尽管 Alphabet 的增长速度超过了一些大型科技公司，如 <strong>Apple</strong>，但其价格标签仍远低于这些同行。</p>
<p>Alphabet 的处境并没有像许多投资者几个月前所担心的那样糟糕，并且其业绩表现也相当出色。考虑到 Alphabet 仍然保持着便宜的价格标签，我认为在市场上很少有比现在投资 Alphabet 股票更好的选择。</p>

谷歌-A

谷歌-C

<p>尽管市场对生成性人工智能的担忧导致其下滑，Alphabet（GOOG，GOOGL）仍被视为一只超值的人工智能股票。该公司推出了人工智能搜索功能，并报告了 Google 搜索收入增长 12%。Google Cloud 快速增长，收入上升 32%，正成为人工智能工作负载的重要参与者。Alphabet 的股票前瞻市盈率为 20.3，低于标准普尔 500 的 24.1，使其成为一个具有吸引力的投资机会，因为它继续表现良好</p>

<p>Finding bargain stocks in the artificial intelligence (AI) space isn't an easy task. The sector is quite popular, and the amount of money being spent to fund this arms race is jaw-dropping. However, I think there's one stock that looks like an excellent buy that's also reasonably priced: <strong>Alphabet</strong>(GOOG 2.98%)(GOOGL 3.10%).</p>
<div class="lb-trans"><p>在人工智能（AI）领域寻找便宜的股票并不是一件容易的事情。这个行业非常受欢迎，投入到这场军备竞赛中的资金令人瞠目结舌。然而，我认为有一只股票看起来是一个绝佳的买入机会，而且价格合理：<strong>Alphabet</strong>（GOOG 2.98%）（GOOGL 3.10%）。</p>
</div><p>Alphabet is involved in the AI arms race in multiple ways. While <strong>Microsoft</strong> got the jump on Google by investing in OpenAI and incorporating ChatGPT into its browser, Alphabet has caught up and remains a top way to invest in AI at a reasonable price.</p>
<div class="lb-trans"><p>Alphabet 以多种方式参与了人工智能的军备竞赛。虽然 <strong>Microsoft</strong> 通过投资 OpenAI 并将 ChatGPT 纳入其浏览器而抢先于谷歌，但 Alphabet 已经迎头赶上，并且仍然是以合理价格投资人工智能的最佳选择之一。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjk5MTgvcGVyc29uLWFuYWx5aXppbmctZmluYW5jaWFsLWRhdGEtb24tbXVsdGlwbGUtc2NyZWVucy5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F829918%2Fperson-analyizing-financial-data-on-multiple-screens.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Google Search is still doing well despite calls for its downfall</h2>
<div class="lb-trans"><h2>尽管有人呼吁其衰落，谷歌搜索仍然表现良好</h2>
</div><p>Alphabet is the parent company of Google, YouTube, the Android operating system, and Waymo. It has a wide-reaching umbrella, but a significant chunk of its tech empire derives revenue from advertising, specifically from the Google Search engine. Current market sentiment assumes that Google Search will be replaced by generative AI in the future, which will harm Alphabet's base business significantly.</p>
<div class="lb-trans"><p>Alphabet 是谷歌、YouTube、Android 操作系统和 Waymo 的母公司。它的业务范围广泛，但其科技帝国的很大一部分收入来自广告，特别是来自谷歌搜索引擎。目前市场情绪认为，谷歌搜索将在未来被生成式人工智能取代，这将对 Alphabet 的基础业务造成重大损害。</p>
</div><p>However, Google isn't going silently into the night.</p>
<div class="lb-trans"><p>然而，谷歌并没有默默退场。</p>
</div><p>It already launched AI search Overviews, which provide a generative-AI-powered summary of a Google search, integrating a traditional search experience with a new-age generative AI product. This combination is likely enough generative AI for most consumers, and should allow Google to remain top of mind for consumers accessing the internet.</p>
<div class="lb-trans"><p>它已经推出了 AI 搜索概述，提供生成式人工智能驱动的谷歌搜索摘要，将传统搜索体验与新一代生成式人工智能产品相结合。这种组合对于大多数消费者来说可能已经足够，并且应该使谷歌在访问互联网的消费者心中保持领先地位。</p>
</div><p>This seems to be how it's playing out right now, as Google Search's revenue increased by 12% year over year in the second quarter. That's an acceleration from Q1's 10% growth pace, indicating that Google Search is doing quite well despite fears of replacement.</p>
<div class="lb-trans"><p>目前看来，谷歌搜索的收入在第二季度同比增长了 12%。这比第一季度的 10% 增长速度有所加快，表明尽管存在被取代的担忧，谷歌搜索的表现相当不错。</p>
</div><p>But that's not the only way Alphabet is exposed to AI.</p>
<div class="lb-trans"><p>但这并不是 Alphabet 接触人工智能的唯一方式。</p>
</div><h2>Google Cloud is a growth machine for Alphabet</h2>
<div class="lb-trans"><h2>谷歌云是 Alphabet 的增长引擎</h2>
</div><p>The demand for computing power to handle AI workloads is booming, and most users are running their workloads on the cloud. This is a major boost for cloud computing providers like Google Cloud, which have seen an uptick in demand alongside the AI arms race. Google Cloud built a massive network of data centers filled with high-powered computing devices for AI workloads, and other less powerful units for more generic ones. It became one of the top platforms in the industry for running AI workloads on, and even landed the business of one of its AI competitors, OpenAI.</p>
<div class="lb-trans"><p>处理人工智能工作负载所需的计算能力需求正在激增，大多数用户都在云端运行他们的工作负载。这对像谷歌云这样的云计算提供商是一个重大推动，随着人工智能军备竞赛的推进，它们的需求也在上升。谷歌云建立了一个庞大的数据中心网络，配备了高性能的计算设备用于人工智能工作负载，以及其他较低性能的设备用于更通用的工作负载。它已成为行业内运行人工智能工作负载的顶级平台之一，甚至获得了其人工智能竞争对手 OpenAI 的业务。</p>
</div><p>Google Cloud isn't a large part of Alphabet today; it only made up 14% of total revenue, but it is the fastest-growing segment. In Q2, Google Cloud's revenue rose by 32% year over year, so it could be a much bigger contributor to the company's overall revenue in the coming years, especially when you consider the projected growth in the cloud computing space.</p>
<div class="lb-trans"><p>谷歌云目前在 Alphabet 的整体收入中占比并不大，仅占 14%，但它是增长最快的细分市场。在第二季度，谷歌云的收入同比增长了 32%，因此考虑到云计算领域的预期增长，它在未来几年可能会对公司的整体收入贡献更大。</p>
</div><h2>Alphabet's cheap price tag is a huge reason to buy the stock</h2>
<div class="lb-trans"><h2>Alphabet 的低价标签是购买该股票的重要原因</h2>
</div><p>Despite Alphabet's business operating at a high level, overall revenue rising by 14% in Q2 and diluted earnings per share (EPS) rising by 22%, the market still has no respect for Alphabet's stock. The stock trades at a discount to the broader market, as measured by the <strong>S&amp;P 500</strong>, which trades for 24.1 times forward earnings.</p>
<div class="lb-trans"><p>尽管 Alphabet 的业务运营水平很高，第二季度整体收入增长了 14%，稀释后每股收益（EPS）增长了 22%，但市场对 Alphabet 的股票仍然缺乏尊重。该股票的交易价格低于更广泛市场的水平，按 <strong>S&amp;P 500</strong> 的标准，后者的前瞻性市盈率为 24.1 倍。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/582432ff1150684537420b5d59191b06.png" alt="" original-src="https://media.ycharts.com/charts/582432ff1150684537420b5d59191b06.png"/></p>
<p>GOOGL PE Ratio (Forward) data by YCharts</p>
<div class="lb-trans"><p>GOOGL 前瞻性市盈率数据来自 YCharts</p>
</div><p>Alphabet trades for a far more reasonable 20.3 times forward earnings, making it an excellent bargain compared to the broader market. Additionally, this price tag is much lower than its big tech peers, despite Alphabet growing at a faster rate than some of them, such as <strong>Apple</strong>.</p>
<div class="lb-trans"><p>Alphabet 的前瞻性市盈率为 20.3 倍，远低于更广泛市场，使其相比之下成为一个绝佳的便宜货。此外，尽管 Alphabet 的增长速度超过了一些大型科技公司，如 <strong>Apple</strong>，但其价格标签仍远低于这些同行。</p>
</div><p>Alphabet isn't in as bad a place as many investors feared just a few months ago, and is posting excellent results to boot. With Alphabet's legacy cheap price tag still hanging around, I think there are few better places in the market to invest than Alphabet's stock right now.</p>
<div class="lb-trans"><p>Alphabet 的处境并没有像许多投资者几个月前所担心的那样糟糕，并且其业绩表现也相当出色。考虑到 Alphabet 仍然保持着便宜的价格标签，我认为在市场上很少有比现在投资 Alphabet 股票更好的选择。</p>
</div>

1 Bargain Artificial Intelligence (AI) Stock You Can't Afford to Miss

- Alphabet 在人工智能领域表现出色，股价合理，值得投资。  
- Google Search 收入同比增长 12%，显示出强劲的市场需求。  
- Google Cloud 收入增长 32%，未来有望成为主要收入来源。

一只你绝对不能错过的廉价人工智能（AI）股票