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Prediction: Alphabet Stock Will Soar After July 23


Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has an important date coming up on the calendar: July 23. After the market closes on that day, it gives investors an update on Q2 results, and I think these figures could be the catalyst Alphabet stock needs to send it soaring.

Alphabet is currently one of the most disliked big tech stocks on the market, and has a fairly cheap valuation compared to its peers and the broader market. The market is particularly concerned about one item, and if Alphabet provides investors with good news on this front, the stock could be ripe for a surge.

Image source: Getty Images.

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Source Fool.com

Alphabet Inc. A Stock

€282.35
3.310%
A very strong showing by Alphabet Inc. A today, with an increase of €9.05 (3.310%) compared to yesterday's price.
The stock is one of the favorites of our community with 147 Buy predictions and 4 Sell predictions.
As a result the target price of 307 € shows a slightly positive potential of 8.73% compared to the current price of 282.35 € for Alphabet Inc. A.
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