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Down 38.7% in 2022, Is Alphabet Stock a Buy for 2023?

Global advertising spending is slowing down as enterprises gird themselves for a potential recession.

By Parkev Tatevosian, CFA – Jan 17, 2023 at 6:30AM EST

Alphabet (GOOG +0.58%) (GOOGL +0.75%) is home to YouTube and Google search, which are dominant players in their respective fields. This video will determine if Alphabet stock is a buy.

*Stock prices used were the afternoon prices of Jan. 14, 2023. The video was published on Jan. 15, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$317.78
(+0.65%)+$2.06
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$319.71
(+0.78%)+$2.47

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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