Just a week ago, Alphabet (NASDAQ: GOOGL) made headlines and history by crossing the $4 trillion market capitalization mark, becoming the world’s second-most-valuable company behind NVIDIA (NASDAQ: NVDA). Fast forward a week, and the stock has cooled modestly, pulling back just over 3.5% from its record highs and finding short-term support near the $320 level.
With Alphabet continuing to outperform its Magnificent Seven peers and further solidifying its dominance in the AI race, investors are faced with a familiar question. Might this pullback be enough to justify stepping in, or is patience still warranted for a greater entry price and opportunity to purchase GOOGL at lower prices?
