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The transaction, the biggest ever takeover in the gold sector according to Refinitiv, follows Barrick Gold Corp's agreement in September to buy Randgold Resources Ltd in a deal valued at $6.1 billion.
Alphabet's stock is valued pretty cheaply compared to its peers and the broader market. You can scoop up shares for 26 times trailing earnings , or just 22 times forward earnings. GOOGL PE Ratio Chart