Here's Why I'm Buying Alphabet Stock Like There's No Tomorrow
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) doesn't get the same respect as its big tech peers. These stocks all trade at a premium to the market, as measured by the S&P 500 (SNPINDEX: ^GSPC), while Alphabet does not. There is a lot of pessimism that Alphabet's primary cash cow, the Google search engine, could be losing its dominance, threatening the company as we know it today.However, the numbers don't back this up. Google Search is still dominant and making a ton of money. Because of Alphabet's strong financial picture and cheap price, it's an excellent stock to load up on right now.Image source: Getty Images.Continue reading
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) doesn't get the same respect as its big tech peers. These stocks all trade at a premium to the market, as measured by the S&P 500 (SNPINDEX: ^GSPC), while Alphabet does not. There is a lot of pessimism that Alphabet's primary cash cow, the Google search engine, could be losing its dominance, threatening the company as we know it today.
However, the numbers don't back this up. Google Search is still dominant and making a ton of money. Because of Alphabet's strong financial picture and cheap price, it's an excellent stock to load up on right now.
Image source: Getty Images.
