An Exceptional Opportunity to Buy This Exceptional Stock
Search engine giant and internet company Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOGL) went years without much adversity. The stock delivered life-changing returns, turning a $10,000 investment into more than $360,000 over its lifetime.
But the explosion of interest in artificial intelligence (AI) has Wall Street questioning Alphabet's long-term future. The stock is down almost 40% from its high, which puts its valuation at its lowest in some time.
While one shouldn't dismiss the threat of innovation, Alphabet has become an opportunity to score double-digit price returns moving forward without taking on excessive risk. Here is what you need to know.
Source Fool.com