3 Good Reasons to Buy Alphabet Stock
What a difference a few months can make. Just a short time ago, investors were frightened by the possibility that artificial intelligence (AI) would help rivals of (NASDAQ: GOOGL) (NASDAQ: GOOG) dismantle its throne atop the search industry.
Today, however, more people are beginning to see AI as a powerful growth driver for Alphabet, and its stock price, in turn, has surged by nearly 40% so far this year.
Yet the growth story remains in its middle innings, and many more gains could lie ahead for investors who buy its stock today. Here are three reasons.
Source Fool.com
Alphabet Inc. A Stock
€176.58
1.060%
The stock is an absolute favorite of our community with 88 Buy predictions and no Sell predictions.
As a result the target price of 186 € shows a slightly positive potential of 5.33% compared to the current price of 176.58 € for Alphabet Inc. A.
