Alphabet Stock Is Down 15% From Its All-Time High. Now Is the Perfect Time to Buy
Alphabet stock looks primed to be a huge winner in the AI boom.
Overview
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has been an excellent artificial intelligence (AI) investment over the past year or so, but it's down a bit from its all-time high. Right now, you can scoop up shares while they're off about 15%, which is normally a pretty good buying opportunity.
I think the market has fallen a bit asleep at the wheel with Alphabet's stock, and that its blowout earnings later this month could kick-start a major rally, leading to new all-time highs. That makes it a great stock to consider buying in October.
Image source: The Motley Fool.
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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.