$Alphabet(GOOG)$ $Alphabet(GOOGL)$As we’ve seen over the past year, companies can go from the top of the world to the cast-off bin virtually overnight. Several former FAANG high-fliers are now down in the dumps. Of the Big Tech titans, however,Alphabet(NASDAQ:GOOG, NASDAQ:GOOGL) appears most well-positioned to be a long-term hold.
That’s because of two primary factors. One, Alphabet’s core search business is entrenched across a variety of devices, platforms and use cases. This makes it awfully difficult to disrupt. The constellation of Android, Gmail, Docs, Chrome and various other services should keep Alphabet in a power position for many years to come.
Comments