GTLB - Alphabet Owns These 3 Software Stocks. Should You?
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) may be best known as the parent company of Google, as well as YouTube, Google Cloud, and the autonomous driving start-up Waymo. But in addition to those businesses, Alphabet has also become a prolific investor in both publicly traded stocks and privately held start-ups. Its investment portfolio is worth nearly $2 billion and consists of 49 stocks primarily across tech and healthcare.
Not surprisingly, there are several software stocks in its holdings. Here are three software-as-a-service stocks the tech giant owns that look like attractive buys today.
GitLab (NASDAQ: GTLB) provides a cloud-based platform for DevOps, giving developers and IT personnel the tools they need to efficiently create and deploy software.
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Alphabet Owns These 3 Software Stocks. Should You?