Why Alphabet's Stock Is Up 20% in 2017

Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have climbed roughly 20% so far in 2017, according to data provided by S&P Global Market Intelligence, after the company beat analysts' earnings consensus in two of three quarters this year.

The first few months of this year weren't all that impressive for Alphabet investors. The company's share price was relatively flat for the first two months of 2017. Investors likely weren't enthused that the company didn't beat analysts' earnings estimates in the fiscal fourth quarter.

Source: Fool.com