Could Alphabet Stock Help You Become a Millionaire?
Becoming a millionaire from a single stock is possible, although it isn't an advisable investing strategy. There's too much risk in putting all of your money into just one stock, as there's always a chance something could go wrong. However, pinpointing stocks that can provide market-beating returns can accelerate your path to becoming a millionaire, which is where Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) comes in.
Alphabet has been a long-term market beater, but can it keep doing it? Let's find out.
Alphabet is a wide-ranging business, with the Google ecosystem, YouTube, cloud computing, artificial intelligence (AI), and the Android operating system all to its name. It has multiple growth opportunities, but most are centered on advertising.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 85 Buy predictions and no Sell predictions.
As a result the target price of 169 € shows a slightly positive potential of 2.6% compared to the current price of 164.72 € for Alphabet Inc. A.
