3 Good Reasons to Buy Alphabet Stock
What a difference a few months can make. Just a short time ago, investors were frightened by the possibility that artificial intelligence (AI) would help rivals of (NASDAQ: GOOGL) (NASDAQ: GOOG) dismantle its throne atop the search industry.
Today, however, more people are beginning to see AI as a powerful growth driver for Alphabet, and its stock price, in turn, has surged by nearly 40% so far this year.
Yet the growth story remains in its middle innings, and many more gains could lie ahead for investors who buy its stock today. Here are three reasons.
Source Fool.com
Alphabet Inc. A Stock
€170.68
2.200%
With 85 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 3.7% for Alphabet Inc. A compared to the current price of 170.68 €.
