Warren Buffett’s Successor, Greg Abel, Is Doubling Down on This Artificial Intelligence (AI) Stock That Has Soared 100% Over the Past Year

Warren Buffett’s Successor, Greg Abel, Is Doubling Down on This Artificial Intelligence (AI) Stock That Has Soared 100% Over the Past Year

Warren Buffett’s Successor, Greg Abel, Is Doubling Down on This Artificial Intelligence (AI) Stock That Has Soared 100% Over the Past Year

https://www.theglobeandmail.com/investing/markets/stocks/BRK-A-N/pressreleases/3153532/warren-buffett-s-successor-greg-abel-is-doubling-down-on-this-artificial-intelligence-ai-stock-that-has-soared-100-over-the-past-year/

Publish Date: 2026-07-07 00:36:00

Source Domain: www.theglobeandmail.com

  • Investment by Berkshire Hathaway: Berkshire Hathaway has made multiple investments in Alphabet’s shares beginning in the third quarter of 2025, indicating a bullish outlook and trust in Alphabet’s management and future prospects.

  • Aggressive AI Ambitions: Alphabet’s recent $80 billion equity capital raise, including a $10 billion placement with Berkshire Hathaway, aims to fuel its aggressive plans in AI, a critical growth driver for its cloud services and overall business.

  • Long-term Growth Potential: Alphabet enjoys strong market positions in digital advertising, streaming, and cloud computing, all of which show significant long-term growth trajectories driven by factors like the expansion of online commerce and advancements in AI.

  • Competitive Advantage: Alphabet’s network effects, especially in search engines, provide a competitive moat that has sustained its dominance and promises continued leadership even as new technologies emerge.

  • Doubling of Share Price: Alphabet’s stock has roughly doubled in the past year since Berkshire Hathaway’s initial investment, underscoring the company’s growth and the confidence of major investors.

  • Mixed Stock Advisor Opinion: Despite its strengths, Alphabet was not among the 10 top stock picks recommended by the Motley Fool Stock Advisor for high-potential returns, suggesting differing perspectives on short-term investment viability versus long-term growth.