10 Reasons to Buy Alphabet Stock Now – The Motley Fool
It’s a great time to buy shares of the search giant.
Alphabet (GOOG -0.50%) (GOOGL -0.66%) may be one of the most powerful companies in the world, but that hasn’t stopped it from getting swept up in the market sell-off this year.
Shares of the Google parent are down 33% year to date as fears of a recession, rising interest rates, and a slowdown in the ad market have combined to sink the stock.
However, sell-offs like these can often translate into buying opportunities. On that note, here are 10 reasons why Alphabet stock is a buy.
1. It has a monopoly
Most monopolies are banned by antitrust laws, but Alphabet has a loophole. Since the quality of a search engine improves as more users do searches, that makes search a natural monopoly. The industry doesn’t lend itself to competition, and that means it will be especially difficult for a competitor to unseat Google as the search leader.
Google has more than a 90% market share in search around much of the world, giving it tremendous…
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source: https://news.oneseocompany.com/2022/11/22/10-reasons-to-buy-alphabet-stock-now-the-motley-fool_2022112236242.html
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