Alphabet stock rose 4.3% after being named a top stock for 2025, with positive outlook.
From Nasdaq: 2024-12-16 14:09:20
Alphabet’s stock (NASDAQ: GOOG, NASDAQ: GOOGL) rose 4.3% after being named a top stock for 2025. The tech giant’s quantum computing chip launch and inclusion in Barron’s list boosted investor confidence. Trump administration actions favoring autonomous vehicles could benefit Alphabet’s Waymo. CEO Sundar Pichai and co-founder Sergey Brin dined with Trump, signaling improved relations.
Alphabet’s strong ties to the global economy suggest continued success if stability persists. With a favorable valuation compared to its peers, Alphabet remains a safe investment. However, risks to its advertising business from evolving AI technology are present. Consider other top stock picks for potential high returns before investing in Alphabet.
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Read more at Nasdaq: Why Alphabet Stock Was Moving Higher Today
