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Where Will Alphabet Stock Be in 5 Years?
Despite the strength and stability of Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), its direction over the next five years is far from certain.The company has been in a gradual process of reducing the percentage of revenue it derives from advertising. It owns numerous other businesses that could potentially drive revenue growth for the tech giant, though nobody can guarantee if or how much such enterprises will succeed.Thus, the question for investors is whether that uncertainty prevents the stock from becoming a buy over the next five years. Let's take a closer look.Continue reading
Despite the strength and stability of Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), its direction over the next five years is far from certain.
The company has been in a gradual process of reducing the percentage of revenue it derives from advertising. It owns numerous other businesses that could potentially drive revenue growth for the tech giant, though nobody can guarantee if or how much such enterprises will succeed.
Thus, the question for investors is whether that uncertainty prevents the stock from becoming a buy over the next five years. Let's take a closer look.
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