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Alphabet and Adobe are excellent businesses, but only one can be the best to buy now.
Fool.com contributor Parkev Tatevosian evaluates Alphabet (GOOG 1.24%) (GOOGL 1.18%) and Adobe (ADBE 2.81%) across critical metrics, including valuation, to determine which is the best growth stock to buy.
*Stock prices used were the afternoon prices of Aug. 24, 2023. The video was published on Aug. 26, 2023.
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.
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 Adobe and Alphabet. The Motley Fool recommends the following options: long January 2024 $420 calls on Adobe and short January 2024 $430 calls on Adobe. 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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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