From Nasdaq:

Alphabet, parent company of Google, has skyrocketed in growth since its IPO in 2004. The acquisition of YouTube for $1.65 billion in stock has turned Alphabet into a cash-cow, generating $8 billion in YouTube ad revenue in its latest quarter. It has also built a cloud platform, launched software for mobile devices, and generative AI. With nearly $300 billion in annual revenue, growth isn’t as rapid as in the past, but aggressive share repurchases suggest a promising outlook. However, analysts caution that the stock may be volatile, and suggest a dollar-cost averaging strategy. The Motley Fool Stock Advisor analyst team did not include Alphabet in their list of the 10 best stocks to buy now. Despite that, the stock has seen a 55% jump in the past year. SUzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Justin Pope has no position in the stocks mentioned. The Motley Fool has a disclosure policy.



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