Alphabet Inc., the parent company of Google, continues to dominate the tech industry with a market capitalization of $3.86 trillion. Google’s stock has gained 47.6% in the past three months, outperforming the Vanguard Mega Cap Index Fund by a wide margin. Analysts believe that Alphabet’s growth will be driven by AI and cloud operations, with Google Cloud expected to double its revenue growth rate by 2026. In its recent quarterly report, Alphabet’s revenue increased by 15.9% year-over-year, showcasing strong financial growth. Wall Street analysts are bullish on Alphabet’s stock, giving it a consensus rating of “Strong Buy.”

Read more at Barchart: How Is Alphabet’s Stock Performance Compared to Other Mega-Caps?