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If You'd Invested $1 in Alphabet in 2004, This Is How Much You Would Have Today


When internet giant (NASDAQ: GOOGL) (NASDAQ: GOOG) went public in 2004, it didn't have the monopoly on internet searches it has today. Granted, it still had between 35% and 44% market share, but few knew it would become the juggernaut it is today. More than 90% of searches now use Google, the world's most visited website.

Each dollar invested in Alphabet's IPO would be worth $55 today. That 55x return over two decades crushes the broader stock market's comparable performance.

While some things like Google search remain intact, Alphabet is a different company than it was back then. And it's likely to be a different type of investment moving forward.

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Source Fool.com

Alphabet Inc. A Stock

€158.08
0.780%
Alphabet Inc. A gained 0.780% compared to yesterday.
The stock is an absolute favorite of our community with 79 Buy predictions and no Sell predictions.
As a result the target price of 162 € shows a slightly positive potential of 2.48% compared to the current price of 158.08 € for Alphabet Inc. A.
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