Is Google Parent Alphabet Still a Millionaire-Maker Stock?
Imagine it's the week of Aug. 19, 2004. Swimmer Michael Phelps won the 200- and 400-meter individual medley double at the Olympic Games in Athens. Terror Squad's "Lean Back" topped the U.S. music charts. And a young company named Google, which would later create a parent company named (NASDAQ: GOOG) (NASDAQ: GOOGL), conducted its initial public offering (IPO).
If you had invested $10,200 on the day Google first traded publicly and never sold a share, your investment would have grown to roughly $1 million today. But is Google parent Alphabet still a millionaire-maker stock?
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Aktie
296,20 €
0,30 %
Die Alphabet Inc. A Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Ein positives, aber moderates Potenzial für Alphabet Inc. A mit einem Kursziel von 333 € im Vergleich zu 296.2 €.
