Could Alphabet Stock Help You Become a Millionaire?
(NASDAQ: GOOG) (NASDAQ: GOOGL) has minted a lot of millionaires since its public debut (as Google) in 2004. If you had invested $20,000 in that historic IPO, your stake would have grown by 6,850% to $1.39 million today.
However, investors who missed out on Alphabet's gains over the past 20 years might be wondering if it can still generate millionaire-making returns from here. Let's see if the tech giant could turn $20,000 into $1 million again over the next 20 years.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Stock
€299.00
-0.500%
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 333 € shows a slightly positive potential of 11.37% compared to the current price of 299.0 € for Alphabet Inc. A.
