Is Alphabet Stock Outperforming the S&P 500?

Core Insights - Alphabet Inc. is a multinational technology conglomerate with a market cap of approximately $3.9 trillion, making it one of the most valuable companies globally [1][2] Stock Performance - Alphabet's shares are slightly down from a 52-week high of $328.22, with a 57.3% increase over the past three months, significantly outperforming the S&P 500 Index's 4% rise during the same period [3] - Year-to-date, Alphabet's shares have risen 73.3%, and over the past 52 weeks, they have climbed 95.7%, again surpassing the S&P 500's YTD gains of 13.8% and 11.8% over the past year [4] Business Growth Drivers - The strong performance of GOOGL stock is attributed to renewed earnings momentum, particularly from its advertising business and cloud segment, alongside significant investments in artificial intelligence (AI) [5] - The company is investing heavily in data centers and custom chips to enhance its AI infrastructure, which has increased investor confidence in its long-term growth potential [5] Competitive Landscape - In comparison, Meta Platforms, Inc. has underperformed Alphabet, with only a 4.7% increase year-to-date and a 9.6% gain over the past 52 weeks [6] - Analysts are optimistic about Alphabet's future, with a consensus "Strong Buy" rating from 55 analysts, and the stock is currently trading above its mean price target of $319.43 [6]