Hi r/stocks !
I currently put about 80% of my saving each month (About 4100 USD) to S&P500 (VOO) and the last 20% are divided between multiple technology stocks, mostly Google, Microsoft, Apple, Amazon, Nvidia and AMD (very original, I know). Recently I thought of dividing the last 20% differently and giving 10-15% to 1 company that I believe in instead of dividing it between them “randomly” as I did until now, and I thought of Google for the following reasons:
* AI – I use AI technologies and ChatGPT daily. I think that while Google are currently behind, they will eventually catch up and be a leader in the sector. They show impressive advancements recently, and not only that there are signs that they are leading the sector in other areas, like physical robots (Like the awesome video where they play soccer/football). On the other hand, Microsoft bought their usage of AI and rely almost entirely on OpenAI to advance the field for them, which is risky and might lead to many issues in the long run.
* Quantum computing – This market is clearly going to change the world when it becomes mainstream, and Google is currently a leader in the area. They continue developing and researching in the field and continue to show progress, including this year.A combination of advancing in AI in the shorter term and being a strong company in quantum computing in the long run leads me to believe that Google might be a good investment for the long run, possibly more than other technology companies.
Of course I am 100% aware that no one can perdict he future and don't intend to put everything in one basket, but I still wonder what your thoughts are, and if I should put more into Google than other tech companies.
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