2 Hot Tech Stocks to Buy in August
While a company's soaring stock price can sometimes be a good sign that the stock is becoming overvalued, this isn't always the case. There are times when a rising stock price is an excellent indicator of a winning business that investors have previously underestimated.
This may be the situation for Salesforce.com (NYSE: CRM) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Year to date, both of these stocks have performed exceptionally well. Salesforce and Google are up about 32% and 19%, respectively. During this same period, the S&P 500 increased just 10%. Despite these stocks' recent bullish runs, both look like solid bets for the long haul.
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Source: Fool.com
Alphabet Inc. A Stock
€316.05
0.620%
The stock is one of the favorites of our community with 166 Buy predictions and 2 Sell predictions.
As a result the target price of 335 € shows a slightly positive potential of 6.0% compared to the current price of 316.05 € for Alphabet Inc. A.
