Alphabet (GOOGL) has been leading the basket of FAANG stocks higher of late. I am bullish on Alphabet, as it continues to impress the Street with robust strength across the board. At 30.4 times trailing earnings, shares of GOOGL are not severely overvalued from a historical valuation perspective. Compared to some of the frothier, unprofitable tech names out there, Alphabet may still be a relative bargain, even as the broader market shows signs of weakness. (See GOOGL stock charts on TipRanks) Alphabet Continues Firing on all Cylinders Alphabet has left COVID-19 pressures behind, with the 2020 advertising slowdown now in the rearview mirror.
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Alphabet (NASDAQ:GOOGL)
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Alphabet (NASDAQ:GOOGL)
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