One of the most dominant companies globally, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) owns the Google search engine, YouTube video platform, and Android operating system. Alphabet is down more than 20% from its all-time high despite no business slowdown, and now looks like a good time to buy shares. Investors might be worried about a recession taking its toll on Alphabet, but the words "recession" and "slow" weren't even mentioned in company's latest earnings call.
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Alphabet's properties dominate, with Android having an estimated 71% market share among mobile operating systems and Google having desktop search engine market share of an estimated 86%. YouTube leads in online video platforms and Google Cloud also makes a mark though it trails Amazon's AWS and Microsoft's Azure.
Source Fool.com