Alphabet (NASDAQ: GOOGL) has staged one of the most impressive rebounds in the market this year. After lagging behind many of its tech peers and broader indexes for much of the first half of 2024, the stock has flipped the script. Today, GOOGL is up 76% from its 52-week low, 45% over the past quarter, and more than 30% year-to-date.
That rally has rewarded patient investors who bought the dip, but now it also raises an important question: Is it time to trim current positions and wait for lower prices before buying or re-entering?
