GOOGL - This Magnificent Artificial Intelligence (AI) Stock Is Now in the $2 Trillion Club
2024-05-08 02:00:00 ET
With the artificial intelligence (AI) boom in full force, investors continue to try and figure out ways to get a piece of the action. Luckily, you don't have to look very far.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , one of the world's most dominant enterprises, is at the forefront of this revolution. After it released 2024 first-quarter financials that were well-received by the market, shares continued their upswing. They are now up 59% in just the last 12 months.
This leading internet company is now valued at more than $2 trillion. Let's take a closer look at its recent financials, attractive qualities, and the stock's valuation.
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This Magnificent Artificial Intelligence (AI) Stock Is Now in the $2 Trillion Club