If You Invested $1,000 in Alphabet in 2014, This Is How Much You Would Have Today
With a market cap of $1.7 trillion, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is undoubtedly one of the most dominant enterprises on the planet. Riding the growth of the internet, the business is one of Silicon Valley's most prominent success stories.
Unsurprisingly, this FAANG stock has made for a wonderful investment. A $1,000 cash outlay 10 years ago would be worth more than $4,500 today, translating to a return of 351%. This gain far exceeds what the Nasdaq Composite index produced.
Let's take a closer look at Alphabet's past. And for investors who missed the boat, it might not be too late.
Source Fool.com
Alphabet Inc. A Stock
With 94 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 180 € there is a slightly positive potential of 13.59% for Alphabet Inc. A compared to the current price of 158.46 €.