Alphabet Stock Is Still a Solid Buy, Even After Surging 32% This Year

Investors looking for stocks that can outperform the broader market might be hesitant to invest in a company that has a market cap of $2.38 trillion, but Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has continued to deliver excellent returns for investors. The stock has nearly tripled in value over the last five years and already climbed 39% year to date at the time of writing.It's a rock-solid company with $94 billion in trailing-12-month net income and $339 billion in revenue, and it's still growing these figures at double-digit rates year over year, which could pave the way for more returns. Here are three reasons why the stock is a great buy for long-term investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool