Google Stock (GOOGL) Rides AI Wave to All-Time High
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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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