Is Alphabet’s Share Price Fair After Verily Spin Off Plans and Recent Stock Rally?
Deciding what to do with your Alphabet stock right now probably comes down to whether you think the market is truly appreciating its long-term potential. After a spectacular 29.7% gain since the start of the year and nearly tripling over five years, Alphabet’s share price has surged with some help from transformative headlines. The company is reportedly aiming to sell or spin off its Verily life sciences unit, and even as it faces legal noise over YouTube’s content moderation and app store practices, investors don’t seem rattled—at least not for long.
Alphabet’s tech-centric portfolio and core advertising business continue to power returns, so it may come as a surprise that in classic valuation checks, Alphabet only…
