Alphabet Stock Has Lost Over $500 Billion in Market Cap. Is the Google Parent a Top AI Stock to Buy Now?

The latest tech sell-off has been hard on many companies, including Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). At its high, Alphabet attained a valuation worth over $2.5 trillion. Now, it sits at $2 trillion. That's a huge amount of value erased from one of the world's top tech companies in just a few weeks. But was the sell-off justified for Alphabet?Alphabet is now the cheapest stock in the Magnificent Seven cohort by far, yet it has better finances than many of the others in that grouping. As a result, I think Alphabet is a solid buy here, but there is one thing investors need to look out for.Alphabet is less recognizable as a brand of its own than it is for the companies that are under its umbrella -- Google, YouTube, and Android, among others. While that seems like a wide-ranging product lineup, the reality is that Alphabet's business is centered around one thing: Advertising.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool