Will Alphabet Stock Bounce Back in 2023?
There's no question that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has had a disappointing 2022.
With just days left in the year, shares of the Google parent are down 40%, and trading just above their 52-week lows.
The stock has been hit by a combination of slowing growth, falling profits, and compressing valuations in the tech sector as investors prepare for a recession. But the decline has investors wondering if Alphabet will recover next year.
Source Fool.com
