Alphabet Inc. (NASDAQ:GOOGL) is touted as one of the best stocks to buy for the next 6 months, with JPMorgan maintaining an Overweight rating and $232 price target. The impending court ruling on remedies in the search commercial agreement issue has made Alphabet a hotly debated stock in recent investor discussions.

JPMorgan believes that despite legal uncertainty, Alphabet (GOOGL) stock remains strong, with the judge’s ruling expected by August 8. The company’s shares saw a modest 1% increase after the second-quarter results, while the S&P 500 remained flat, reflecting market caution due to the pending legal decision.

Despite the legal haze, JPMorgan continues to have a positive outlook on Alphabet Inc. (NASDAQ:GOOGL), calling its most recent quarterly performance a defining quarter. As a leading tech giant, Alphabet offers a diverse portfolio of products, dominating markets such as Google Ads, Google Chrome, Google Cloud, Search, and YouTube.

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Read more at Yahoo Finance: Alphabet (GOOGL) Stock Holds Strong Amid Legal Uncertainty, Says JPMorgan