Alphabet's Stock Just Did Something It Has Only Done 3 Other Times in History. Each Time the Stock Is at Least 47% Higher a Year Later.

Understanding a stock's historical trends is smart, especially if it's based in a cyclical industry like Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Most of Alphabet's revenue comes from advertising, which can rise and fall alongside economic expectations. While the economic outlook is uncertain, there is more to Alphabet's rapid price decline this time.Alphabet's stock now trades for around 17 times trailing earnings, a level it last reached only three times: 2008, 2012, and 2022. This is the company's fourth trip to a valuation level this low. However, each time it has reached these levels, the stock is much higher only a year later.Is this turnaround possible again in 2025? Or is there something else at play?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool