Alphabet's Stock Was Up 10% in March. Are Investors too Late?
The stock market had a fairly bland month in March, with the broad S 500 index increasing about 2.3%. But, some companies, like Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), had a much better March, with the stock rising 10%.
With that kind of rally in mind, many might wonder if they're too late on the stock and should look elsewhere. While it would be nice to hop in a time machine to correct your investing mistakes, it's not possible. Still, I think there are enough positive signs for Alphabet that you can still confidently buy, even if the stock rose 10% in March.
Entering March, Alphabet lagged behind many of its big tech peers. The stock traded for a valuation less than that of the S 500, which was suspect considering the business's quality.
Source Fool.com
Alphabet Inc. C Stock
With 28 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 165 € shows a slightly positive potential of 12.52% compared to the current price of 146.64 € for Alphabet Inc. C.
