Alphabet Inc. (NASDAQ: GOOGL) remains a top choice for long-term investment in the tech sector.

From Yahoo Finance: 2025-04-11 16:47:00

In a recent article, we compared Alphabet Inc. (NASDAQ:GOOGL) to other tech stocks for long-term investment, highlighting its position in the market. Chris Verrone, chief market strategist at Strategas Research Partners, believes the market may rally from its current level, with an expected range of 5,900 to 5,950, despite recent declines.

Verrone sees the current downturn as more than a typical correction, emphasizing the need to monitor market breadth, new highs, and credit conditions. He notes a shift in investor sentiment towards more bears than bulls, with the tech sector facing challenges in regaining its leadership role.

Alphabet Inc. (NASDAQ:GOOGL) remains a top choice for long-term investment, with a strong position in the tech sector. The company operates through various segments, including Google Services, Google Cloud, and Other Bets, offering a range of products and services. Its Cloud segment saw a 30% revenue increase year-over-year and outpaced the entire cloud market.

Recent ratings and acquisitions have boosted confidence in Alphabet Inc. (NASDAQ:GOOGL), with Roth MKM reiterating a Buy rating and a $220 price target. The company’s acquisition of Wiz aims to enhance cloud security and threat detection across environments. Oakmark Equity and Income Fund also expressed positivity towards the company’s performance in Q4 2024.

Alphabet Inc. (NASDAQ:GOOGL) ranks 4th in the list of best tech stocks for long-term investment, showcasing its growth potential. While the company is promising, the focus on AI stocks for shorter-term high returns is gaining traction. Investors looking for AI stocks with significant upside potential at a lower valuation can explore other opportunities in the market.



Read more at Yahoo Finance: Is Alphabet Inc. (NASDAQ:GOOGL) the Best Tech Stock to Buy For Long-Term Investment?