Alphabet (Google's parent company) is still growing slowly and steadily, and analysts believe that antitrust has undoubtedly had a certain impact on Google's development.
Alphabet, better known as Google, is one of the largest and most valuable companies in the world.
Alphabet has never been afraid to try new things. Their acquisitions of YouTube, Fitbit, and in-house development have brought the Pixel phone line, Google Fiber (ISP), and DeepMind (artificial intelligence) to fame. As the Alphabet founder put it, “We don't shy away from high-risk, high-reward projects that we believe are the keys to our long-term success.”
While Alphabet's core brands are maturing and their high-speed growth is decelerating, they are still growing healthily and profitably.
In the fourth quarter of 2021, the Board of Directors announced a 20-for-1 for all classes of company stock, effective July 1, 2022 for shareholders.
That's an excellent reason to buy into this giant with a history of innovation and success. Right?
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