This Artificial Intelligence (AI) Stock Has Dropped 13% in 1 Month. Here's Why It's a Buy

Alphabet's stock has declined 13% over the past month due to concerns about massive AI-related capital spending ($180-190 billion in capex this year) and the departure of key AI talent. However, the company's AI investments are showing strong returns, with Google Cloud revenue up 63% year-over-year and generative AI product sales growing nearly 800%. The company maintains a strong competitive moat through its dominant search business and YouTube platform, making it an attractive buying opportunity.