Is Google a smart investment? (2024)

Is Google a smart investment?

Alphabet

(GOOG, GOOGL) remains among the top mega-cap growth stocks investors are focused on, for good reason. The company's defensive business model and long-term growth rate have provided impressive returns on equity.

Is it smart to invest in Google?

Google has 75% of the internet search market and 85% of the mobile search market. Additionally, search on the internet continues to grow as it becomes a more integral part of peoples' daily lives on a global basis. A massive profit driver for the company, this is the main ingredient in making Google a safe investment.

Is Google financially healthy?

For Google, the good news is that financial results improved in 2023. Other Bets reported an operating loss of $4.1 billion last year on revenue of $1.5 billion. Deep-pocketed Alphabet has been able to put up with the losses. Its 2023 revenue rose 9% to $307.4 billion while operating income rose 12% to $84.29 billion.

Is Google or Apple a better investment?

The Google parent's lower figures suggest its stock currently offers far more value than Apple. Alongside a better performance in 2023 and a firmer position in the rapidly expanding AI market, Alphabet is the better tech stock this month. Should you invest $1,000 in Alphabet right now?

Does Google stock have a future?

Stock Price Forecast

The 37 analysts with 12-month price forecasts for Alphabet stock have an average target of 158.95, with a low estimate of 121 and a high estimate of 190. The average target predicts an increase of 1.57% from the current stock price of 156.49.

Does Bill Gates invest in Google?

In the fourth quarter of 2023, the Bill & Melinda Gates Foundation Trust dumped its stake in several large companies, including Apple, Meta, Google-owner Alphabet, Amazon and Nvidia. This was revealed in Berkshire's 13F filing with the SEC, which is required for all investors who manage over $100 million in funds.

Is Google good long term investment?

The company has generated cash flow growth of 15.1%, and is expected to report cash flow expansion of 16.7% in 2024. Investors should take the time to consider GOOGL for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

Why is it worth it to invest in Google?

The Google company has massive potential in AI and is profiting from a recovering digital-ad market. Shares in Alphabet (GOOGL 0.35%) (GOOG 0.37%) are up 58% year over year, rallying Wall Street with an expansion in artificial intelligence (AI) and significant ad-revenue growth.

Is Google a good buy right now?

GOOGL Analyst Recommendation Trends

In the current month, GOOGL has received 27 Buy Ratings, 11 Hold Ratings, and 0 Sell Ratings. GOOGL average Analyst price target in the past 3 months is $167.51.

Is it too late to buy Google stock?

Its prosperous future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy GOOGL. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.

How much money would I have if I invested in Google?

Current Value of Shares Bought at High Price on IPO Day

Data as of Nov. 22, 2019. So, the answer to the headline question of how much money you'd have now if you invested $10,000 in Google's IPO is more than $300,000!

Why is Google stock falling?

(Bloomberg) -- Alphabet Inc. is falling amid renewed fears that the Google owner's missteps in artificial intelligence are putting its search business at risk.

What if I invested in Microsoft 20 years ago?

The bottom line on Microsoft stock

Have a look at the above chart and you'll see that if you put a grand into MSFT stock two decades ago, today it would be worth more than $24,000. The same amount invested in the S&P 500 20 years ago would theoretically be worth almost $6,500 today.

Is Google a buy hold or sell?

Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 89 buy ratings, 10 hold ratings, and 0 sell ratings.

Is Tesla a buy sell or hold?

Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 45 buy ratings, 33 hold ratings, and 16 sell ratings.

How high will Google stock go in 5 years?

Google stock price stood at $155.72

According to the latest long-term forecast, Google price will hit $200 by the middle of 2026 and then $250 by the middle of 2027. Google will rise to $300 within the year of 2028, $350 in 2029, $400 in 2032 and $450 in 2034.

Does Jeff Bezos own Google stock?

If Bezos had held onto these shares, given the current price of Google stock, they would represent an investment worth over $1.5 billion. It's been reported that Bezos no longer holds this stake. If he had retained it, the value would have been around $4.8 billion, a gain of nearly 20,000% in just over two decades​​​​.

Is Jeff Bezos a Google investor?

The $250,000 Bezos invested into Google was to buy 3.3 million shares at $0.08. When Google went public in 2004, his shares were equivalent to $280 million - while it's unknown when he exited Google, but it's not likely he held onto them 20 years later.

Who owns most of Google stock?

Is Google a buy in 2024?

Alphabet's (GOOGL -1.23%) (GOOG -1.10%) Google Search is totally back to kick off 2024. But as investors' collective focus pivoted to profitable growth during the bear market, this is where the company stood out. Total operating income profit margins dialed in at 27.5% in Q4 2023, up from 24% a year ago.

What will Google stock be worth in 10 years?

In 2030, the Alphabet - Class A stock will reach $ 448.59 if it maintains its current 10-year average growth rate. If this Alphabet - Class A stock prediction for 2030 materializes, GOOGL stock will grow 191.12% from its current price.

Is Amazon a buy sell or hold?

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts.

Is it smart to invest in Alphabet?

There's no shortage of reasons to believe this is one of the best businesses in the world. Alphabet (GOOGL 0.35%) (GOOG 0.37%) has long been a stock market winner. Shares have risen by 338% in the past 10 years. This performance outpaces both the S&P 500 and the Nasdaq Composite.

Is Google stock profitable?

Google parent Alphabet reported the highest quarterly revenue and profits in its 26-year history Tuesday, coinciding with a record surge in the search engine giant's stock price.

Does Google pay dividends?

GOOG does not currently pay a dividend.