From “Nasdaq”: 2024-08-05 07:15:00

Investors should maintain a balanced portfolio even as tech stocks soar. Alphabet, not solely focused on growth, remains a solid investment with AI ventures ensuring market-beating returns. Google’s search engine dominance faces a new challenger in OpenAI’s SearchGPT, but Alphabet is well-positioned for continued success in the long run.

Alphabet doesn’t require extraordinary growth to outperform the market. Share repurchases and dividends contribute to profit growth, allowing it to outperform with high single-digit revenue increases. With a forward earnings valuation in line with the S&P 500, Alphabet is attractively priced for long-term investors seeking steady returns.

Investing in Alphabet offers stability and potential growth. While not featured in the top 10 stocks by Motley Fool Stock Advisor, historical performance suggests Alphabet is a reliable long-term investment. With a blueprint for success, Stock Advisor has outperformed the S&P 500 since 2002, offering valuable insights and stock picks for investors.



Read more at “Nasdaq”: Here’s Why Alphabet Deserves a Spot in Your Portfolio