Why Alphabet Stock Rallied 58% in 2023, and Why There's More in Store for 2024
Shares of (NASDAQ: GOOGL) (NASDAQ: GOOG) charged sharply higher in 2023, soaring 58%, according to data provided by S&P Global Market Intelligence. The rally was in sharp contrast to its performance in 2022, when the stock plunged 39%.
While the company no doubt benefited from the improving economy, it was Alphabet's latest foray into artificial intelligence (AI) that has investors most excited.
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Source Fool.com
Alphabet Inc. A Stock
€155.78
1.270%
With 92 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 13.62% for Alphabet Inc. A compared to the current price of 155.78 €.
