2024-04-14 08:00:00 ET
The so-called "Magnificent Seven" businesses are taking the investing world by storm. They dominate their industries, possess disruptive potential, and have seen their shares rise meaningfully in recent years.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , one of the earliest internet firms, falls into this category. The " Magnificent Seven " stock skyrocketed almost 500% in the past decade. And it carries a massive market cap of just under $2 trillion.
Does this monster historical performance mean that it's time to sell Alphabet? Let's take a closer look at the business and stock.
For further details see:
This "Magnificent Seven" Stock Skyrocketed Almost 500% in the Past 10 Years: Is It Time to Sell?