Should you buy alphabet stock?

This means that investors don't have to pay much of a premium to the market average to buy Alphabet stock. However, Alphabet is probably deserving of a significantly higher price-earnings ratio than the market. After all, over the past decade, Alphabet has grown revenues at 20% per year and earnings 16% per year compounded.

Is alphabet's stock undervalued in 2024?

It appears that our assumption of full-year profitability in 2024 for cloud has a higher chance of being correct. With its 4-star rating, we believe Alphabet’s stock is undervalued compared with our long-term fair value estimate. The fair value estimate for Alphabet is $161 per share, with a projected 2024 enterprise value/EBITDA ratio of 17.

Who owns alphabet (C shares)?

Nicholas Rossolillo and his clients own Alphabet (C shares) and Meta Platforms, Inc. The Motley Fool owns and recommends Alphabet (A shares), Amazon, Meta Platforms, Inc., and Microsoft. The Motley Fool recommends Alphabet (C shares). The Motley Fool has a disclosure policy.

Is Alphabet Inc (GOOGL) a good pick for value investors?

Valuation metrics show that Alphabet Inc. may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of GOOGL, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B.