Is Alphabet the Best FAANG Stock for 2022?
The technology sector has seen more than its share of volatility and sell-offs over the past year, and yet some tech stocks are managing well against the headwinds of potential interest rate hikes, fears around inflation, wage hikes, and worker shortages. For instance, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) full-year 2021 results point to a company experiencing continued strong growth, especially in relation to its FAANG counterparts. Moreover, the company's improving profitability profile could signal an encouraging outlook as we head further into 2022.
Alphabet's stock price is down for the year so far, but compared to the tech sector overall, it's doing far better and its outlook is promising. Let's explore why Alphabet presents a unique opportunity for investors in 2022.
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Source Fool.com
