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Is Alphabet Stock a Buy Now?


Shares of (NASDAQ: GOOGL) (NASDAQ: GOOG) are up 16% in 2024 (as of Sept. 24). While that's a healthy gain, it underperforms the broader Nasdaq Composite Index.

But over a longer period, like the past decade, Alphabet has crushed the overall market. Therefore, with shares off 15% from their peak, there could be a rare opportunity here for investors to add a perennial winner to their portfolios.

Here's why I think this "Magnificent Seven" stock is a buy right now.

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Source Fool.com

Alphabet Inc. C Stock

€267.25
3.490%
A very strong showing by Alphabet Inc. C today, with an increase of €9.00 (3.490%) compared to yesterday's price.
Our community is currently high on Alphabet Inc. C with 65 Buy predictions and 5 Sell predictions.
With a target price of 300 € there is a slightly positive potential of 12.25% for Alphabet Inc. C compared to the current price of 267.25 €.
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