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
€270.60
-0.700%
The stock is one of the favorites of our community with 146 Buy predictions and 4 Sell predictions.
As a result the target price of 306 € shows a slightly positive potential of 13.08% compared to the current price of 270.6 € for Alphabet Inc. A.
