Where Will Alphabet Be in 5 Years?
Today, the lowest-valued stock in the "Magnificent Seven" is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and it's not close. In fact, Alphabet even trades at a lower valuation than the overall market. That's quite a shocking development considering Alphabet's long track record of success and innovation capabilities.The market is currently focused on the rise of artificial intelligence chatbots and their implications for Alphabet's core Search business. However, not only is Alphabet making solid moves to sustain Search's relevance, but the company also has not one but three other major businesses growing really fast.Five years from now, Alphabet's earnings look like they'll be more balanced between not just a resilient Search business but also all four of these major business lines.Continue reading
Today, the lowest-valued stock in the "Magnificent Seven" is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and it's not close. In fact, Alphabet even trades at a lower valuation than the overall market. That's quite a shocking development considering Alphabet's long track record of success and innovation capabilities.
The market is currently focused on the rise of artificial intelligence chatbots and their implications for Alphabet's core Search business. However, not only is Alphabet making solid moves to sustain Search's relevance, but the company also has not one but three other major businesses growing really fast.
Five years from now, Alphabet's earnings look like they'll be more balanced between not just a resilient Search business but also all four of these major business lines.
