This "Magnificent Seven" Stock Skyrocketed Almost 500% in the Past 10 Years: Is It Time to Sell?
The so-called "Magnificent Seven" businesses are taking the investing world by storm. They dominate their industries, possess disruptive potential, and have seen their shares rise meaningfully in recent years.
(NASDAQ: GOOGL) (NASDAQ: GOOG), one of the earliest internet firms, falls into this category. The "Magnificent Seven" stock skyrocketed almost 500% in the past decade. And it carries a massive market cap of just under $2 trillion.
Does this monster historical performance mean that it's time to sell Alphabet? Let's take a closer look at the business and stock.
Source Fool.com
Alphabet Inc. C Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 170 € there is a slightly positive potential of 8.79% for Alphabet Inc. C compared to the current price of 156.26 €.