Reported 1 day ago
As the S&P 500 soars to record highs, finding affordable large-cap stocks becomes challenging, particularly in technology and AI sectors. Among high P/E ratios for companies like Nvidia and Microsoft, Alphabet (Google's parent company) stands out as a value buy due to its strong growth potential in AI and cloud computing. With a favorable P/E ratio of 21, expanding profit margins, and significant investments in AI, Alphabet is positioned for remarkable growth, making it a compelling stock to consider even in a booming market.
Source: YAHOO