Is Alphabet's Stock Absurdly Cheap?
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is perhaps the least-loved "Magnificent Seven" stock of all. Many investors are fearful of its base business being disrupted by generative AI products, but that weakness hasn't surfaced yet. Additionally, Alphabet has some other business units that are cashing in on the AI arms race and boosting its overall growth.
Alphabet's stock appears absurdly cheap right now, and investors willing to buck the trend can find huge value in its shares.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Stock
€274.70
-0.970%
The stock is one of the favorites of our community with 129 Buy predictions and 3 Sell predictions.
As a result the target price of 292 € shows a slightly positive potential of 6.3% compared to the current price of 274.7 € for Alphabet Inc. A.
