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.
Source Fool.com
Alphabet Inc. C Stock
€150.86
-0.850%
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 167 € shows a slightly positive potential of 10.7% compared to the current price of 150.86 € for Alphabet Inc. C.
