Skip to content

Stay Away From Hard-Hit Google Stock

Stay Away From Hard-Hit Google Stock

If you’re on the prowl for bargains among major tech stocks, you may be mulling making Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other major Nasdaq components.

Yet before diving in, you may want to reconsider. While “cheap on paper,” this mega-cap tech stock could continue to tumble, as market-related factors, as well as factors specific to the company, continue to apply pressure.

This calls into question whether now is the time to bottom fish in Alphabet stock.

Find out here.

This post appeared first on InvestorPlace.