Alphabet Stock Has Lost Over $500 Billion in Market Cap. Is the Google Parent a Top AI Stock to Buy Now?
The latest tech sell-off has been hard on many companies, including Alphabet (GOOG 1.75%) (GOOGL 1.68%). At its high, Alphabet attained a valuation worth over 2 trillion. That's a huge amount of value erased from one of the world's top tech companies in just a few weeks. But was the sell-off justified for Alphabet?Alphabet is now the cheapest stock in the Magnificent Seven cohort by far, yet it has better finances than many of the others in that grouping. As a result, I think ...