"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."
"Alphabet is one of the largest companies in the world by market capitalization. As of this writing, it is closing in on a $4 trillion valuation, which would make it part of an incredibly exclusive group. But Alphabet's size does not mean its growth days are behind it (although maybe its very best days are). There are several reasons the company can still deliver superior returns over the long run. Let's consider three of them."
"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 provides tax advantages, compounded returns, and the ability to ignore short-term market volatility that can trigger panic selling. Picking the right stocks is essential because many options exist and not all merit serious consideration. Alphabet and Vertex Pharmaceuticals are presented as potential long-term bets. Alphabet remains massive, approaching a roughly $4 trillion valuation, yet retains growth prospects through a dominant advertising franchise and expanding cloud business. Alphabet's third-quarter sales rose 16% to $102.3 billion, with Google advertising contributing $74.2 billion. Google Cloud showed rapid growth, with third-quarter revenue of $15.2 billion.
Read at The Motley Fool
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