Better Tech Stock: Alphabet vs. Apple
The tech industry is vast, encompassing everything from consumer products like smartphones and video game consoles to artificial intelligence (AI), cloud computing, e-commerce, digital advertising, and a whole lot more. It has earned a reputation for rewarding innovative companies and their investors with consistent and significant gains over the long term, with the Nasdaq-100 Technology Sector up more than 150% since 2019.
As a result, it's no surprise many stockholders have dedicated substantial portions of their portfolios to the high-growth market. In fact, Warren Buffett's holding company Berkshire Hathway has invested nearly 50% of its portfolio in tech stocks, enjoying a 20% compound annual gain between 1965 and 2022.
So, it's not a bad idea to expand your position in tech and add some new companies to your list of holdings. (NASDAQ: GOOG) (NASDAQ: GOOGL) and Apple (NASDAQ: AAPL) are two attractive options, among the most prominent names in the industry.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 15.07% compared to the current price of 153.82 € for Alphabet Inc. A.
