Google Stock: Business Improving But I Remain Cautious (NASDAQ:GOOG) ...Middle East

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Google Stock: Business Improving But I Remain Cautious (NASDAQ:GOOG)
SpVVK Alphabet Inc. (NASDAQ:GOOG) was probably one of the companies and stocks I was too cautious about in 2022 and early 2023. Despite publishing a bullish article, I did not invest myself and this might have been a mistake (as I have already pointed out in a previous article). Since my last article, rated with a “Hold” once again, the stock increased about 10% and therefore slightly underperformed the S&P 500 (SPY) during these three months. But compared to other companies among the Magnificent 7, Alphabet seems to be trading for the most reasonable valuation multiples (it was Meta Platforms (META) in the past quarters, but with the stock continuing to rally the picture is changing).

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