Alphabet Inc.'s (GOOGL) Strong Performance and Ken Fisher's Confidence in Tech Stocks
Alphabet Inc. (NASDAQ: GOOGL), the parent company of Google, has shown impressive growth in recent quarters, with a 25% year-over-year increase in Q2 2024 revenues reaching $8.5 billion. The company's strong balance sheet and cash flow enable strategic investments in growth, research and development, and acquisitions. Ken Fisher, a prominent American investor and financial analyst, has expressed confidence in tech stocks, including Alphabet Inc., which ranks 4th on his list of best stocks to buy. While the market remains uncertain, Fisher's expectations for value stocks outperforming growth stocks may continue into the fourth quarter and next year.
Source: https://ca.finance.yahoo.com/news/alphabet-inc-googl-ken-fisher-192904905.html