2 Top Stocks to Buy in August

With the Nasdaq Composite up 32% so far in 2023, many growth stocks are trading at more expensive valuations than a year ago. But there are still good deals to be found.

Shares of Google parent (NASDAQ: GOOG) (NASDAQ: GOOGL) are up 48% year to date, but the company's opportunities to serve up more useful features and services powered by artificial intelligence could kick off a bullish run for the stock over the next several years.

Likewise, Spotify Technology (NYSE: SPOT) is experiencing strong momentum this year, but the stock is still selling at a discounted valuation despite rebounding 77% this year. Here's more detail on why these top stocks are good investments for the long term.

Source Fool.com

Alphabet Inc. A Aktie

Leichte Verluste bei Alphabet Inc. A heute, der Kurs fällt um -0,96 %.
Überwältigendes Buy-Interesse bei Alphabet Inc. A, mit einer hohen Anzahl von Buy- und wenigen Sell-Einschätzungen.
Das Kursziel von 333 € für Alphabet Inc. A zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 294.55 € an.

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