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Here's Why Alphabet Is an Excellent Stock for Long-Term Investors

By Parkev Tatevosian, CFA – Aug 2, 2024 at 10:30AM EST

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 +1.63%) (GOOGL +1.98%) stock.

*Stock prices used were the afternoon prices of July 30, 2024. The video was published on Aug. 1, 2024.

Read Next

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 his link, 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
$338.14 (+0.02%) $+5.41
Alphabet Stock Quote

Alphabet

NASDAQ: GOOGL
$338.44 (+0.02%) $+6.58

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

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