Is Alphabet Inc. (GOOG) the Debt Free Halal Stock to Invest in Right Now?

From Yahoo Finance: 2025-03-31 14:03:00

Investors seek debt-free stocks amidst high interest rates for financial flexibility and stability. Companies without debt experience lower price volatility, providing security during market turbulence. Debt-free stocks offer potential for higher dividend payments in times of elevated interest rates, making them attractive investments. Jeffrey Gundlach analyzes market reactions to the Federal Reserve’s recent meeting, noting the Fed’s cautious approach to interest rates. He expresses skepticism about data-driven policies and observes unique market patterns post-rate reductions. Gundlach highlights the stock market’s challenges due to high CAPE ratios, emphasizing profitability over multiple expansions. Alphabet Inc. (NASDAQ:GOOG) emerges as a top debt-free halal stock for investment, boasting strong financials and innovation in digital advertising and technology. The company’s Google Services division drives substantial ad revenue, with recent growth fueled by increased ad spending during elections. Merion Road Capital Management praises Alphabet for its business quality, undemanding valuation, and AI advancements, predicting continued success in various areas._GOOG ranks 4th in the list of debt-free halal stocks, with potential for growth in AI stocks. Despite GOOG’s promise, AI stocks offer greater returns in a shorter timeframe. Investors seeking undervalued AI stocks can explore other options for potential gains.

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