3 Reasons Alphabet Stock Has Investors Buzzing Right Now
Alphabet is in the spotlight as investors look to these catalysts for future growth.
Overview
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has almost doubled over the past year, and its shares have handily outperformed the S&P 500 year to date. The online advertising giant continues to post high revenue growth while boosting margins.
While ads are still a major part of Alphabet's revenue, that's not what is attracting most investors. The company has positioned itself at the center of multiple AI opportunities, which have the potential to provide long-term market-beating returns at current levels.
Details
These are some of the reasons investors are still excited about Alphabet.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.