An Exceptional Opportunity to Buy This Exceptional Stock – The Motley Fool
$113 billion in cash could bolster growth.
Search engine giant and internet company Alphabet (GOOGL 1.50%) (GOOGL 1.50%) went years without much adversity. The stock delivered life-changing returns, turning a $10,000 investment into more than $360,000 over its lifetime.
But the explosion of interest in artificial intelligence (AI) has Wall Street questioning Alphabet’s long-term future. The stock is down almost 40% from its high, which puts its valuation at its lowest in some time.
While one shouldn’t dismiss the threat of innovation, Alphabet has become an opportunity to score double-digit price returns moving forward without taking on excessive risk. Here is what you need to know.
(1.50%) $1.39
Current Price
$93.39
GOOGL
$1,180B
8,756,838
41,193,773
55.38%
N/A
Alphabet’s valuation reflects investors’ fear
The company doesn’t need much introduction; Alphabet is one of the world’s most powerful technology companies. Anyone who uses the internet has likely heard of either Google…
The post An Exceptional Opportunity to Buy This Exceptional Stock – The Motley Fool first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/03/03/an-exceptional-opportunity-to-buy-this-exceptional-stock-the-motley-fool_2023030341418.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.