Reported 8 months ago
Alphabet's stock has surged over the past year and stands near an all-time high, propelled by growth in advertising and cloud services. While overshadowed by Nvidia, which has seen significant gains in its AI chip market, Alphabet's positive developments, including a new buyback plan and dividend, point to potential growth. Despite challenges in the AI sector and competition from other tech giants, analysts project Alphabet's revenue and EPS to increase, potentially boosting its market cap by 2025, although still falling short of Nvidia's valuation.
Source: YAHOO