History Shows Why Now Could Be a Once-in-a-Decade Buying Opportunity for Alphabet Stock
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is the parent company of many iconic companies like Google, YouTube, and the Android operating system. While that may seem like a diverse lineup, the reality is these all generate revenue the same way: advertising.
This concentration hasn't worked in Alphabet's favor recently, with the stock currently down about 30% from its all-time high, primarily due to a weak advertising market.
However, this downturn is temporary, and I think Alphabet could be at a generational buying point for a few key reasons. So let's examine those reasons and discover why there has seldom been a better time to buy Alphabet's stock.
Source Fool.com
