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Is Alphabet (GOOGL) Still Attractive After AI And Cloud Fueled Share Price Surge

Is Alphabet (GOOGL) Still Attractive After AI And Cloud Fueled Share Price Surge

  • Wondering if Alphabet stock still offers value after a strong run, or whether the current price already reflects the story you are buying into?
  • At a last close of US$368.53, Alphabet is up 16.9% year to date and around 112.9% over the past year, even though the stock has fallen 3.1% in the last week and 8.1% over the past month.
  • Recent news coverage has focused on Alphabet’s ongoing role in online search and digital advertising, along with its push into artificial intelligence tools and cloud services as key themes for the business. These storylines help frame why sentiment around the stock can shift quickly even over relatively short timeframes.
  • Alphabet currently has a valuation score of 2 out of 6. In this article we compare…

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