Alphabet (GOOGL) Emerging as Best High Growth Nasdaq Stock?
There is certainly a case to be made for Alphabet (GOOGL) emerging as the best high-growth Nasdaq stock that is turning a profit in 2024. The Magnificent Seven stock has continued to prove its value, posting a five-year net income growth of more than 20% and thriving this year. Google has continued to embrace the new direction of the tech sector. Therefore, interest in its stock has reflected this move. As it continues to embrace artificial intelligence (AI) and cloud-based computing, the argument for its superiority within Nasdaq stocks becomes all the more undeniable. Source: bankrate Also Read: Alphabet (GOOGL): Analysts Say Google is a Buy-Now Stock Alphabet Thriving as Magnificent 7 Stock Eyes Continued Success This Year In a recent report from Truist Financial, Alphabet saw its target price increase to $220. Moreover, that came from the firm placing a buy rating on GOOGL as the stock faces a potential increase of almost 33% from its previous close. These factors reinforce the ret