Alphabet (GOOGL) Names Top Undervalued Stock: Here's Why
The US stock market has been increasingly inconsistent throughout the first three months of the year. However, declining share prices could provide a clear entry point and opportunity to buy the dip. Among the biggest droppers, Alphabet (GOOGL) has emerged as the top undervalued stock according to analysts. The Google parent company has emerged as a major player in the tech space. With both AI and cloud computing dominating demand, the company is well-positioned to thrive in both sectors. Moreover, it could be the best buy of the Magnificent Seven for the month of April. Source: markets.com Also Read: Alphabet (GOOGL) Makes Big Move in $330B Market: Now the Time to Buy? Is Alphabet Proving to Be the Best Value Stock Buy in April? Here’s What Experts Are Saying Throughout the year so far, Wall Street has struggled to find any kind of consistency. Yet, the biggest affected of the recent sell-off has been the market’s mega-cap stocks. Some of the largest firms in the world are ...