By being a leader in the world of technology and owning some of the most popular internet services out there, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is one of the most successful enterprises of all time.

And investors have been rewarded, to say the least. Shares have soared fivefold in the last decade, a tremendous gain that trounces that of the Nasdaq Composite Index.

We have our sights set on the future, though. As this year comes to a close, is it a realistic scenario for Alphabet shares to rise 48% from today's price to reach $200 by the end of 2024? Let's see what needs to happen.

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Source Fool.com