How Did Alphabet Soar 65% in 2021, but Still Costs Only $1?

The recent sell-off has hit a lot of growth stocks pretty hard, especially in the technology sector. But Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), the parent company of Google and YouTube, finished the year as one of the best performers on the Nasdaq-100 with a return of 65.3%.

It's down about 8% year to date in 2022 as of Jan. 28, but even that is better than the Nasdaq-100, which is down roughly 12% year to date.

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Source Fool.com