1 Reason to Buy Alphabet
(NASDAQ: GOOGL) (NASDAQ: GOOG) is a $2.3 trillion business that generated a whopping $96 billion in revenue in the latest quarter. This is a massive internet enterprise that has its hands in all areas related to technology. And it should continue to be a dominant force.
As of July 25, shares trade at a very compelling forward price-to-earnings ratio of 20.2. The valuation supports one key reason that investors should consider buying this "Magnificent Seven" stock right now.
Image source: Alphabet.
Source Fool.com
Alphabet Inc. A Stock
€268.95
-0.610%
With 146 Buy predictions and 4 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 306 € there is a slightly positive potential of 13.78% for Alphabet Inc. A compared to the current price of 268.95 €.
