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Barchart
Barchart
Sushree Mohanty

If I Could Only Buy 1 Stock Right Now, This Would Be It

Alphabet Search Google

Alphabet (GOOG) (GOOGL), the parent company of Google, didn’t just come to the spotlight because of artificial intelligence (AI). In fact, Google has been using AI and machine learning long before AI skyrocketed to mainstream prominence. Although AI has boosted Alphabet’s game, the company is built on exceptionally strong fundamentals. It achieved double-digit revenue growth due to its Search dominance, generated significant free cash flow, and maintained operating margins that surpassed most large-cap peers.

GOOGL stock has returned over 774% over the last decade. It surged 70% last year, wildly outperforming the broader market, and I believe it still has plenty of room to run over the next decade.

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