Is It Too Late to Buy Alphabet Stock?

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has featured in countless headlines over the last year as it has delivered a solid turnaround in its digital advertising business and gradually expanded its artificial intelligence (AI) capabilities.

The company's shares have climbed nearly 60% in the last twelve months, significantly outperforming the S 500. Meanwhile, Alphabet's most recent quarter (the first quarter of 2024) has shown signs that its heavy investment in AI is beginning to pay off.

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Source Fool.com