Alphabet Enters a Bull Market: Is It Time to Buy?
From Nasdaq: 2025-06-14 08:40:00
Shares of Alphabet (NASDAQ: GOOGL) are up over 25% from their 52-week low, signaling a potential bull market. Despite geopolitical tensions, the stock has outperformed benchmarks like QQQ and XLK. Morgan Stanley maintains an Overweight rating with a $185 price target, citing AI leadership and growth potential from Google Cloud partnerships.
Alphabet continues to dominate the digital landscape with AI innovations showcased at Google I/O 2025. JPMorgan reaffirms an Overweight rating with a $195 price target, praising Alphabet’s AI advancements and monetization strategies. The company’s diversified portfolio, including YouTube ad revenue and Google Cloud, shows promising growth potential.
From a technical standpoint, GOOGL has reclaimed major moving averages, indicating a strengthening uptrend. The stock’s valuation remains attractive, trading below its historical P/E ratio. Investors looking for an entry point should consider potential support near the 200-day SMA at $171. Alphabet must innovate amidst competition and regulatory challenges to maintain its leadership position.
Read more at Nasdaq: Alphabet Enters a Bull Market: Is It Time to Buy?