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Will Alphabet Stock Bounce Back in 2023?

TheMotleyFool

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Will Alphabet Stock Bounce Back in 2023?: https://g.foolcdn.com/editorial/images/714439/search-engine-google.jpg

There's no question that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has had a disappointing 2022.

With just days left in the year, shares of the Google parent are down 40%, and trading just above their 52-week lows.

The stock has been hit by a combination of slowing growth, falling profits, and compressing valuations in the tech sector as investors prepare for a recession. But the decline has investors wondering if Alphabet will recover next year.

Source Fool.com

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