BRK.B Commentator
BRK.B Gain HunterThis comes after Alphabet's stock price surged 152% over the past 12 months, as Wall Street has begun to view the tech giant as a leader in the global artificial intelligence (AI) race, with Google C reaching 398 and A reaching 402.
The $4.87 trillion tech giant achieved an impressive 17% revenue growth over the past 12 months, while maintaining a P/E ratio of 30.43 and an attractive PEG ratio of 0.64.
It feels like $Alphabet - C(GOOG.US) is about to break 500, if this growth trend in tech stocks continues 👍
Google Stock (GOOGL) Rides AI Wave to All-Time High
Google's parent company Alphabet (GOOGL) has reached an all-time high stock price of $402.01, rising 4% on May 13. The stock surged 152% over the past year, driven by its leadership in the AI sector. Alphabet's revenue grew 17% in the last twelve months, with a P/E ratio of 30.43 and a PEG ratio of 0.64. Despite positive analyst sentiment, the stock is considered overvalued according to InvestingPro analysis.
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