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Is Alphabet Still My Top Stock to Buy Now?

By Parkev Tatevosian, CFA – Nov 1, 2024 at 5:15AM

Alphabet is alleviating investor concerns about its search business while capitalizing on the rising effectiveness of AI.

Alphabet (GOOG +2.40%) (GOOGL +2.44%) reported fantastic quarterly results, demonstrating accelerating revenue growth and expanding profit margins.

*Stock prices used were the afternoon prices of Oct. 28, 2024. The video was published on Oct. 30, 2024.

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.
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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.

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