Alphabet stock rose 2% after Biden's executive order on AI was revoked by Trump
From Nasdaq: 2025-01-21 11:22:39
Alphabet stock (NASDAQ: GOOG, NASDAQ: GOOGL) rose 2% after President Trump revoked an executive order by Biden, saving AI companies like Google money. This move may signal support for expanding AI use, but Alphabet’s high free cash flow multiple makes it unattractive for value investors. Consider other stocks for higher returns.
Investors are questioning if Alphabet stock is a buy, given its high free cash flow multiple and AI investment costs. The Motley Fool Stock Advisor team recommends other stocks for potential monster returns, highlighting the success of past recommendations like Nvidia. Consider their advice before investing in Alphabet.
Former Whole Foods CEO and Amazon board member John Mackey, along with Alphabet executive Suzanne Frey, have no positions in Alphabet stock. The Motley Fool recommends Alphabet, Amazon, and Microsoft, offering disclosure of their positions and recommendations. Consider their insights before making investment decisions.
Read more at Nasdaq: Why Alphabet Stock Popped Today
