Is It Too Late to Buy Stock in the Newest Member of the $2 Trillion Club?
There are only seven companies in the world with a market capitalization of at least $1 trillion. Among these businesses, only Microsoft, Apple, Nvidia, and (NASDAQ: GOOG) (NASDAQ: GOOGL) have reached an even more exclusive club.
No, I'm not talking about gaining access to the "Magnificent Seven" -- although each of those companies is in that club, too. All four of these tech giants have a market cap of at least $2 trillion, and Alphabet is the newest member to reach that milestone.
Following an encouraging first-quarter earnings report, Alphabet's shares have soared as high as 9%. Is it too late for growth investors to scoop up shares in Alphabet since eclipsing a $2 trillion valuation?
Source Fool.com
Alphabet Inc. C Stock
€166.38
0.290%
With 23 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
However, we have a potential of -2.03% for Alphabet Inc. C as the target price of 163 € is below the current price of 166.38 €.
