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3 Good Reasons to Buy Alphabet Stock

TheMotleyFool 
0 0 13.06.23
3 Good Reasons to Buy Alphabet StockPhoto, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/da273d82-9e59-413a-99b3-2b0094ff0854.png
 

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.

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Source Fool.com

Alphabet Inc. A Stock

€299.95
-0.180%
Alphabet Inc. A shows a slight decrease today, losing -€0.550 (-0.180%) compared to yesterday.
The stock is one of the favorites of our community with 165 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 11.35% compared to the current price of 299.95 € for Alphabet Inc. A.
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