History Shows Why Now Could Be a Once-in-a-Decade Buying Opportunity for Alphabet Stock
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is the parent company of many iconic companies like Google, YouTube, and the Android operating system. This concentration hasn't worked in Alphabet's favor recently, with the stock currently down about 30% from its all-time high, primarily due to a weak advertising market. As mentioned, 78% of Alphabet's revenue comes from advertising.