1 Tech Stock That's Too Good to Pass On as We Approach the Fourth Quarter
Its performance this year has been underwhelming, but its long-term appeal is strong.
Overview
With over half of September gone, it's never too early to begin thinking about what investments are worth buying heading into the fourth quarter (Q4) of 2026. Plenty of stocks have momentum behind them, but one in particular that I believe is being overlooked is Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL).
Through market close on Sept. 15, Alphabet is up 10.5% this year. And while double-digit percentage gains are always welcomed, it's underperforming the S&P 500. This underwhelming performance -- and the current prices it's trading at -- is also why Alphabet looks like a good buy right now. I expect the stock to finish the year strong and continue being a great long-term investment.
Details
Alphabet is fairly diversified, but its bread and butter has always been (and will remain for the foreseeable future) Google Search. In Q2, Google Search accounted for nearly 53% of Alphabet's $119.8 billion in revenue.
Source
Originally published at www.fool.com.