Alphabet's stock price has soared about 57% since last July, benefiting from the tech rally and its position in artificial intelligence. The company has strategically leveraged its lead in digital advertising, earning 87% of revenue from ads in Q1 2024, totaling more than $70 billion.
Alphabet remains a bargain buy with significant growth potential, possessing brands like Google, Android, YouTube, and Fitbit. Its stock hit a new all-time high at over $190 per share, and Wall Street is optimistic about the company's future.
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