Reported about 1 month ago
Alphabet, part of the famous 'Magnificent Seven' tech stocks, has recently become cheaper compared to the S&P 500 due to a decline in its stock price. While the company boasts a strong financial position with significant cash reserves, the backdrop of increasing competition and potential antitrust challenges raises questions about its long-term prospects. Despite it being an inexpensive stock currently, investors should weigh these risks carefully before deciding to invest.
Source: YAHOO