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Alphabet has made a concerted effort to control costs even as revenue accelerates.
Fool.com contributor Parkev Tatevosian discusses what cost-controlling measures could mean for long-term investors in Alphabet (GOOG 0.85%) (GOOGL 0.79%) stock.
*Stock prices used were the afternoon prices of July 30, 2024. The video was published on Aug. 1, 2024.
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 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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