Alphabet: Sound Long-Term Investment
This is a Alphabet news story, published by Yahoo Finance, that relates primarily to IBM news.
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Prediction: 1 Stock That Will Be Worth More Than Alphabet 10 Years From Now
80% Informative
Alphabet (NASDAQ: GOOG) is considered to be a sound long-term investment.
The tech giant's stock has rallied more than 480% over the past 10 years .
But Alphabet 's business is maturing as it faces existential challenges.
If Alphabet doesn't counter those challenges, it might turn into a slower-growth tech company like IBM .
Meta Platforms has a clear shot at overtaking Alphabet over the next decade .
It might be premature to call Alphabet the "next IBM " and claim its high-growth days are over.
Meta has more irons in the fire than Alphabet , which arguably became complacent over the years .
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