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Will This Beaten-Down Stock Bounce Back? 3 Things to Know.

TheMotleyFool 
0 0 21.06.23
Will This Beaten-Down Stock Bounce Back? 3 Things to Know.: https://g.foolcdn.com/editorial/images/736718/person-celebrating-while-looking-at-two-computer-screens-with-stock-charts.jpg
 

Since ChatGPT changed the conversation in the investing community from gloom and recession to artificial intelligence (AI) and opportunity, investors have cast a wary eye toward Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). The company was caught flat-footed by the release of the potentially revolutionary generative chatbot and quickly fell behind the narrative as Microsoft invested billions in ChatGPT's creator OpenAI. 

Then Nvidia shocked the investing world with incredible results and guidance, sending its stock to the moon. Microsoft and Nvidia stocks have outperformed Alphabet over the past year. Alphabet hasn't even kept up with the S&P 500, as shown in the chart, and is 21% from its 2021 high.

GOOG Total Return Level Chart

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Source Fool.com

Alphabet Inc. A Stock

€163.84
0.850%
The Alphabet Inc. A stock is trending slightly upwards today, with an increase of €1.38 (0.850%) compared to yesterday's price.
With 82 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a current price of 163.84 € Alphabet Inc. A is right around the predicted target price of 165 €.
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