Alphabet Stock Soared Today -- Is It a Buy?
Shares of internet tech giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) exploded as much as 10% higher in Nasdaq trading Wednesday, before settling down to about an 8% gain in the afternoon.
Of course, even just an 8% gain in a company that's worth nearly $2 trillion works out to Alphabet stock being about $160 billion more expensive today than the stock was yesterday. And when you realize this, the question naturally arises: Is it now too late to buy Alphabet stock?
If you ask Wall Street, the answer is a resounding no.
Source Fool.com
