2 Top Stocks to Buy in August
With the Nasdaq Composite up 32% so far in 2023, many growth stocks are trading at more expensive valuations than a year ago. But there are still good deals to be found.
Shares of Google parent (NASDAQ: GOOG) (NASDAQ: GOOGL) are up 48% year to date, but the company's opportunities to serve up more useful features and services powered by artificial intelligence could kick off a bullish run for the stock over the next several years.
Likewise, Spotify Technology (NYSE: SPOT) is experiencing strong momentum this year, but the stock is still selling at a discounted valuation despite rebounding 77% this year. Here's more detail on why these top stocks are good investments for the long term.
Source Fool.com
Alphabet Inc. A Stock
€156.64
1.700%
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 178 € shows a slightly positive potential of 13.64% compared to the current price of 156.64 € for Alphabet Inc. A.
