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?

Continue reading


Source Fool.com