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Alphabet, Amazon, and Microsoft are three stocks to buy for 2024. These companies have seen exceptional growth and profitability, with Alphabet having generated nearly $67 billion of profits and levered free cash flow of nearly $71 billion over the trailing 12 months. Amazon has also seen a surge in profits, with earnings of $20 billion and levered free cash flow of more than $36 billion. Microsoft, on the other hand, ranks as the second-largest company in the world and has also seen impressive growth in 2023.

Alphabet’s key businesses, such as advertising on Google Search and YouTube, as well as its Google Cloud unit, are expected to continue driving growth in 2024. Amazon is also focusing on expanding into new online markets and has a significant growth opportunity for Amazon Web Services. Meanwhile, Microsoft continues to be a leader in various technologies, such as AI, cloud services, gaming, quantum computing, and virtual reality, which are likely to contribute to its continued success.

The Motley Fool Stock Advisor analyst team has identified these three companies as great investments for 2024 and beyond, attributing their performance to their impressive profitability and growth potential. However, it’s important to note that the article contains promotional content for The Motley Fool’s Stock Advisor service, so day traders should focus solely on the main points related to the growth and profitability of these three stocks without considering any promotional aspects.



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