Where Will Alphabet Stock Be in 3 Years? – The Motley Fool
Did you know that Alphabet (GOOG -3.89%) (GOOGL -3.78%), the parent company of Google, is already the third-largest American company? Indeed, Alphabet’s $1.5 trillion market cap trails only Apple ($2.8 trillion) and Microsoft ($2.4 trillion).
Not bad for a company that debuted on the stock market less than 20 years ago.
But today’s investors want to know more than what Alphabet has done; they want to know where it’s going. So, what does the future hold for this corporate giant? Where will it be in three years? Let’s take a closer look.
Alphabet has grown due to its search engine dominance
Let me be clear: Alphabet is a search engine company. And in some ways, it is the only search engine company that matters.
As of last year, Google Search held between 84% to 96% of the search engine market, according to Statcounter and Statista.
You will find more infographics at Statista.
Needless to say, that type of market share represents a near-monopoly, which brings opportunities and…
The post Where Will Alphabet Stock Be in 3 Years? – The Motley Fool first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/06/08/where-will-alphabet-stock-be-in-3-years-the-motley-fool_2023060845821.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.