Will Alphabet Be a $2 Trillion Dollar Stock Again by 2025?
's (NASDAQ: GOOG) (NASDAQ: GOOGL) market cap briefly hit $2 trillion in November 2021, less than two years after it reached the $1 trillion mark in January 2020. Alphabet had impressed investors with the robust growth of its advertising and cloud businesses, and the buying frenzy in growth stocks amplified those gains.
But today Alphabet has a market cap of $1.6 trillion. The bulls retreated as the macro headwinds curbed the company's growth and rising rates compressed its valuations. Could this tech giant become a $2 trillion company again by 2025?
Image source: Getty Images.
Source Fool.com
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