Alphabet continues to impress us

Article Excerpt

Alphabet (the parent company of Google) was our choice for top Aggressive Buy in 2016, 2017 and 2018. After choosing Broadridge as the top Aggressive pick in 2019, we returned to Alphabet again for 2020 and 2021. The stock is up roughly 240% since 2016, including a 44% gain this year alone—and we’re only half through it! The COVID-19 pandemic helped draw more users to Google’s websites and strengthened its hold on the online advertising market. The sudden need for remote working and learning services also fuelled strong demand for its cloud-computing platforms and datacentres. Due to Alphabet’s 90% share of the Internet search market, anti-trust regulators have threatened to break up the company. However, spinning off some of its businesses, like YouTube, would likely unlock even more value for investors. That possibility is only one reason why we feel Alphabet still has plenty of growth ahead. ALPHABET INC. is your #1 Aggressive buy for 2021. The stock (Nasdaq symbols GOOG…