In an absolute vacuum, yes, it probably is. The problem is that it can lead to complicated positions that can easily blow up in white's face if you haven't taken the time to learn all the variations.
Something like the Italian Game is probably objectively inferior but significantly easier to learn and play with confidence. imo.
1.e4 e5 2.Nf3 Nc6 3.Bb5 – Ruy Lopez
After reading Logical Chess by Irving Chernev, the Ruy Lopez may be White's best chance for a win. What do you think?
“ 3.Bb5 – The strongest move on the board here, this characterizes the Ruy Lopez, the most powerful of kingside openings. As Reuben Fine puts it, One reason why the Ruy Lopez is so strong is that the most natural sequence of moves leads to an ideal position for White.” - Irving Chernev