History Says the Nasdaq Will Surge in 2025: 1 AI Stock to Buy Before It Does (Hint: It's Not Nvidia) [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
After posting a 55% total return in 2023, the Nasdaq-100 index followed up with 27.5% total returns so far in 2024 (as of this writing). These are two of the strongest years in the index's history. Counterintuitively, momentum in the Nasdaq index typically begets more momentum. Historically, every time the Nasdaq produces 30% returns in a year, the following year sees gains of at least 19%, indicating that the momentum in technology stocks has a good chance of continuing in 2025. In 2023 and 2024, the leader of the tech stock party was Nvidia . In 2025, I think Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) will take the lead as the artificial intelligence (AI) leader. Here's why investors should bet on Alphabet stock in 2025 and hold on for long-term gains. Alphabet: Finally getting AI appreciation When OpenAI's ChatGPT went viral in late 2022, investors in Alphabet got nervous. The owner of Google, YouTube, and the DeepMind research lab was supposed to be the leader in AI research. I
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GOOG
Earnings
- 10/29/24 - Beat
GOOG
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- GOOG's page on the SEC website