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Shares of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), known for its Google subsidiary, are up an impressive 34% in the past year and currently trading just a few points from their all-time high.
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Shares of Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) were on an upswing earlier this year. The stock was making a recovery when it fell again after the U.S. Department of Justice (DOJ ...
After the drawdown, Alphabet stock now trades at a price-to-earnings ratio (P/E) of 23.5. This is well below the S&P 500 of 30. Alphabet can grow EPS at a faster rate than the index. When put in ...
The news was the latest sign of regulatory aggression toward Alphabet, and the stock was down 4.6% as of 9:56 a.m. ET. An investor clicking on a search bar. Image source: Getty Images.
Alphabet stock jumped as much as 6%, adding about $136 billion to its market valuation and representing its best intra-day gain since April 26. The stock had pared its gain to about 5% by 1:00 p.m ...