Published on 24 Jul 2022 on Simply Wall St. via Yahoo Finance
When Should You Buy Alphabet Inc. (NASDAQ:GOOGL)?
Let's talk about the popular Alphabet Inc. (NASDAQ:GOOGL). The company's shares received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$130 at one point, and dropping to the lows of US$106. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Alphabet's current trading price of US$108 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Alphabet’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Check out our latest analysis for Alphabet
What is Alphabet worth?