Is Alphabet worth considering on a short-term basis, given the recent gain in the Nasdaq and the shift into tech companies in anticipation of a possible Fed hike? Will IT stocks continue to rise if some countries, like as Australia and New Zealand, return to lockdowns?
Alphabet has increased a total of 09 times in the last ten years, with an average return of +8.54 percent, between July 01 and July 27. With a rise of 21.16 percent in 2015, it was the best year. With a -0.63 percent loss in 2013, 2013 was the worst year.
Important Trade Risks: Any further aggressive policy from the Federal Reserve is likely to impact stocks in the short term, which could stifle growth. In the long run, though, a gradual economic recovery should boost tech equities like Alphabet.
Alphabet Inc., headquartered in Mountain View, California, is an American multinational conglomerate. On October 2, 2015, it was formed as a result of a Google reorganization, and it became the parent company of Google and numerous previous Google subsidiaries.
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