Is Alphabet Stock a Buy?
(NASDAQ: GOOGL)(NASDAQ: GOOG) investors should be quite pleased with its performance over the past year. The stock was trading around $115 last July, but it hit a high of $191.75 on July 10 (a 67% rise).
Several factors helped to propel shares, including the distribution of the first dividend in its history. Given the stock has already risen so much, have potential new shareholders missed out?
Not necessarily, although Alphabet's future is murky right now, pending the outcomes of two crucial antitrust lawsuits against the company. Here's a deeper dive to assess if now is a good time to buy shares.
Source Fool.com
Alphabet Inc. C Stock
€148.82
-0.290%
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 165 € shows a slightly positive potential of 10.87% compared to the current price of 148.82 € for Alphabet Inc. C.
