3 Green Flags for Alphabet’s Future
As the world's fourth-most valuable company with a market cap of nearly $1.7 trillion, it would be difficult to overlook 's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock as a potential investment. The company's shares climbed 155% over the last five years, outperforming the Nasdaq Composite and S 500 indices.
Potent brands such as Google, Android, YouTube, Chrome, and more attracted billions of users and have made it challenging for most consumers to go a single day without using an Alphabet product. The company's massive user base paved the way for it to become a powerhouse in digital advertising, a sector projected to hit $680 billion in spending this year.
Alongside a promising venture into artificial intelligence, Google's parent company is an attractive investment. So, here are three green flags for Alphabet's future.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 96 Buy predictions and no Sell predictions.
As a result the target price of 180 € shows a positive potential of 26.28% compared to the current price of 142.54 € for Alphabet Inc. A.
