Alphabet Inc. (GOOG) Stock Price, News, Quote & History
Hereโs Why Alphabet Stock Near Its 2022 Low is Tempting
Hereโs Why Alphabet Stock Near Its 2022 Low is Tempting
Alphabet doesn't get the same benefit of the doubt from the market.
Google parent Alphabet Inc.
It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta and Microsoft.
Like pretty much every other tech sector growth stock, GOOG stock got clobbered by the market pullback that started late last year.
GOOGL shares are its Class A shares, also known as common stock, which have the typical one-share-one-vote structure.
To be clear, Pixel hardware is never going to rival ad revenue as a driver of GOOG stock growth, but it adds resiliency.
84M Alphabet Inc.
NASDAQ does not use this value to determine compliance with the listing requirements.
But even a bad recession won't permanently damage Alphabet, which is basically a bulletproof company at this point.
We also reference original research from other reputable publishers where appropriate.
However, the company's performance during the financial crisis is telling.
is a holding company, which engages in the business of acquisition and operation of different companies.
" Advertising is a cyclical business, and companies naturally scale back on it when consumers have less money to spend.
At the current valuation, Alphabet looks like a great bet to beat the market over the next five years.
They are the most common type of shares.