With Google Stock at $3 Trillion, Here’s How to Embrace the Rally but Protect the House

Group 1 - Alphabet, also known as Google, has recently achieved a market capitalization of $3 trillion, becoming the fourth company to reach this milestone [2][5] - The stock represents approximately 4.7% of the S&P 500 index, indicating its significant impact on the broader market [5] - The 5-year trailing beta for Google is 1.01, suggesting that its volatility has been comparable to that of the S&P 500 [4] Group 2 - The stock has shown strong performance, with a notable increase in the Percentage Price Oscillator (PPO), which has surged from negative territory to levels matching those of 2021 [8] - Despite the optimism surrounding the stock, there is an emphasis on risk management, reflecting a cautious approach among investors [9]