"Long-term investing offers many benefits, including tax advantages, compounded returns, and the ability to disregard short-term market fluctuations, which can cause stress and lead to panic selling. These advantages obviously work optimally when investors pick the right stocks to put their hard-earned money in. And with hundreds of choices, it can be challenging to separate those that are worth serious consideration and those that aren't."
"First, Alphabet's core advertising business looks about as strong as ever. It still maintains a significant lead in the online search category and has strengthened its ecosystem amid the threat of artificial intelligence (AI) chatbots by introducing AI overviews and an AI mode to its renowned search engine. The result is that it still gets significant search volume, which leads to massive ad revenue. Alphabet's third-quarter sales climbed by 16% year over year to $102.3 billion."
Long-term investing offers tax advantages, compounded returns, and the ability to ignore short-term market fluctuations that can cause stress and panic selling. These benefits require selecting the right stocks from hundreds of options. Alphabet and Vertex Pharmaceuticals may be attractive long-term candidates. Alphabet is closing in on a $4 trillion valuation while retaining potential for further growth. Alphabet's advertising business leads online search, has added AI overviews and an AI mode to search, and sustains significant search volume that generates massive ad revenue. Alphabet's third-quarter sales rose 16% year over year to $102.3 billion, with Google advertising contributing $74.2 billion, up 12.6%. Alphabet is also making significant strides in cloud computing.
#long-term-investing #alphabet-googgoogl #vertex-pharmaceuticals-vrtx #cloud-computing--ai-advertising
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