1 Top Growth Stock to Buy and Hold Forever
From Nasdaq: 2025-05-02 09:45:00
Equities have been volatile due to President Donald Trump’s macroeconomic policies, but some corporations remain stable. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is down 16% this year, but its financial results and prospects are still attractive, making it a quality stock to consider buying.
Alphabet’s first-quarter results were strong, but concerns about tariffs and an economic downturn weigh on the tech giant. However, the company’s revenue increased by 12% year over year to $90.2 billion, with earnings per share up by almost 49% compared to the previous year, showing resilience in uncertain times.
Alphabet’s growth prospects, strong brand names, and innovative capabilities make it an excellent long-term investment. The company leads in artificial intelligence, cloud computing, and streaming services, positioning it well for future growth. Despite challenges like antitrust issues, Alphabet continues to innovate and thrive in the tech industry.
Investors should consider Alphabet for the long term, as the company’s ability to navigate challenges and drive innovation could lead to strong financial results and stock performance. Despite not being included in the 10 best stocks to buy now, Alphabet’s long-term potential makes it a compelling investment opportunity.
Read more at Nasdaq: 1 Top Growth Stock to Buy and Hold Forever