5 Reasons to Buy Alphabet Stock Like There's No Tomorrow
(NASDAQ: GOOGL) (NASDAQ: GOOG) shares have climbed 6,290% since they had their initial public offering 20 years ago in August 2004. During that same time period, the S 500 generated a total return of 637%.
Nowadays, Alphabet is one of the world's most dominant businesses, carrying a market cap of $2 trillion and raking in $328 billion in sales in the past 12 months. But it still looks like a smart investment opportunity.
Here are five reasons to buy Alphabet stock like there's no tomorrow.
Source Fool.com
Alphabet Inc. C Stock
€151.06
1.070%
The stock is an absolute favorite of our community with 28 Buy predictions and no Sell predictions.
With a target price of 165 € there is a slightly positive potential of 9.23% for Alphabet Inc. C compared to the current price of 151.06 €.
