We recently published a list of Analysts Identify 10 Least Risky Internet Stocks To Invest In. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOG) stands against other least risky internet stocks to invest in.

Investors usually do not waste any time reminding everyone of the dot-com bubble whenever the market takes a turn for the worse. With a recession imminent, some sectors have already corrected by so much that they are in bear market territory. Internet stocks belong to the same group.

Analysts at Evercore believe most of the internet stocks have very limited exposure to tariffs but still get hammered every time the market crashes on tariff developments. This means these stocks now present a favorable risk-to-reward ratio for investors.

We therefore decided to dig into the details of each of these internet stocks. To come up with our list of the 10 least risky internet stocks, we used the list compiled by Evercore’s analysts and ranked them by risk, with the least risky stock taking the number one spot.

A laptop and phone open to Google's services in an everyday setting.

Alphabet Inc. (NASDAQ:GOOG)

Alphabet Inc. operates in Google Cloud, Google Services, and Other Bets segments. It offers AI infrastructure, data and analytics, Chrome, Google Drive, Google Photos, internet services, and other products and services. The stock has suffered so far this year, falling over 17%.

The tech giant was in the spotlight after it announced a deal with the U.S. government last week. As per the agreement, the company will temporarily cut the prices of its Workspace software by 71% for every federal agency. The Workspace software includes Contacts, Meet, Gmail, Chat, and Calendar. The deal aims to lower government expenses and provide improved technology at reduced costs. It is effective till September 30.

As for the future, the company’s promising project, Waymo, is a major growth driver. This is GOOG’s autonomous taxi project, which is already operating in some big U.S. cities. The biggest advantage of this project is Tesla’s absence in this market, as Elon Musk’s firm uses a completely different technology for its self-driving. The firm plans to expand its services to Miami, Atlanta, and Washington. In addition to this, Waymo is paving the way for international expansion, starting with Tokyo.

Overall, GOOG ranks 10th on our list of least risky internet stocks to invest in. While we acknowledge the potential of GOOG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than GOOG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.