The digital advertising giants,
Meta Platforms,
Netflix, and Alphabet saw a downturn, impacting Alphabet's stock value. However, it was suggested that this could make
Alphabet stock a strong buy, especially given the company's continued advancements in AI. An
$100M settlement was reached in a longstanding ad pricing lawsuit, causing Alphabet's stock to drop further. Yet, bullish momentum seems to be building around Alphabet's stock. Their self-driving unit,
Waymo, plans to expand into D.C. Alphabet recently made a hefty
$32B acquisition of Wiz, a cybersecurity firm, in efforts to boost AI cloud security. Some argue Alphabet may have overpaid, creating potential execution risks. Others see the dip in Alphabet's stock amidst this news as a golden buying opportunity, underscoring Alphabet's strong investment potential. Debate continues with some suggesting caution, referencing earnings risk while others anticipate Alphabet will outperform the market.
Jum Cramer counselled selling into strength. Despite a 17% fall in February, Alphabet's stock is still considered an outperforming investment due to their growth in AI and cloud market share. There are speculations whether Reddit might deem Alphabet the top stock to invest in.
Alphabet GOOG News Analytics from Wed, 11 Dec 2024 08:00:00 GMT to Sat, 29 Mar 2025 22:18:00 GMT -
Rating 4
- Innovation 8
- Information 9
- Rumor -5
