Prediction: 1 Stock That Will Be Worth More Than Alphabet 10 Years From Now
Meta Platforms could overtake the search leader within the next decade.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, is considered to be a sound long-term investment. The tech giant's stock has rallied more than 480% over the past 10 years as its advertising and cloud businesses has expanded.
From 2014 to 2024, Alphabet's revenue rose at a compound annual growth rate (CAGR) of 18% as its earnings per share (EPS) increased at a CAGR of 23%. From 2024 to 2027, analysts expect the company's revenue and EPS to rise 11% and 13%, respectively. But Alphabet's business is maturing as it faces existential challenges.
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