Is Alphabet (GOOGL) Still Attractively Priced After Its 122% One Year Share Price Surge?
- If you are wondering whether Alphabet’s share price still offers value after its strong run, the next sections will walk through what the current price might be implying.
- The stock last closed at US$380.34, with returns of 20.7% year to date and 122.2% over the past year, even though the share price has slipped 0.7% over the last week and 1.4% over the last month.
- Those moves are set against a backdrop of ongoing attention on Alphabet’s core search and advertising business and its investments in artificial intelligence, which continue to shape how investors think about its long term earnings power. In addition, discussion around regulation, data privacy and competition in digital advertising provides important context for how the…
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