Big tech stocks went crazy in 2023 and a lot of shares are looking very expensive. But Alphabet (NASDAQ: GOOG) is still looking like a good value for long-term investors, even after jumping 63% over the past year.
In this video, Travis Hoium covers Alphabet’s trends and where investors can expect to see a lot of growth in the future.
*Stock prices used were end-of-day prices of Jan. 12, 2024. The video was published on Jan. 13, 2024.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Alphabet, Apple, and General Motors. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Microsoft, Nvidia, and Uber Technologies. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Even After Soaring 63%, This Big Tech Stock Is Still a No-Brainer Buy Today was originally published by The Motley Fool
