Is Alphabet a Millionaire Maker?
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is one of the most disrespected stocks on Wall Street. Despite increasing its revenue growth pace and improving margins throughout 2023, it seemingly doesn't garner a premium valuation, unlike its tech peers.
As a result, Alphabet's stock has fallen from its solid place as the third-largest U.S. company to the fifth, with Nvidia and Amazon, depending on the daily market fluctuations, passing it. With Alphabet nearing a value play combined with growth, it has the potential to provide market-crushing growth over the next few years, making it a no-brainer buy.
But could it really be a millionaire maker?
Source Fool.com
Alphabet Inc. A Stock
€153.82
-0.320%
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 15.07% compared to the current price of 153.82 € for Alphabet Inc. A.
