Reported about 1 year ago
After a rebound in 2023, the tech sector continues to rise in 2024, with notable indexes like the Nasdaq up around 20%. Alphabet's stock has surged nearly 32% this year, reaching a new all-time high in June. The article discusses why the author, as a long-term investor, is doubling down on Alphabet. It highlights Google's dominance in search advertising and potential for growth in cloud computing, positioning Alphabet as a valuable investment with favorable valuations within the tech industry.
Source: YAHOO