A Fresh Look at Google (GOOGL) Valuation After Recent Share Price Gains
Alphabet (GOOGL) shares have seen mixed performance over the past week, but if you zoom out, the stock is up 9% in the past month and more than 37% for the past 3 months. Strong annual revenue and net income growth continue to keep investors watching.
See our latest analysis for Alphabet.
With Alphabet’s share price retreating slightly this week but remaining well ahead for the quarter, it is clear momentum is still firmly with the stock. The strong 1-year total shareholder return of 58% suggests that investors are still enthusiastic about its long-term prospects.
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