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Alphabet Stock GOOGL: Google Cloud Growth Surprises Wall Street

November 09, 2024
Alphabet Inc, the parent company of Google, has recently reported explosive growth in its Google Cloud division, which has left Wall Street analysts surprised. Despite this growth, the stock of Alphabet Inc, traded as GOOGL, is still undervalued. Yahoo Finance, in their analysis after the earnings report, suggests that Wall Street may have mispriced the potential of Google Cloud. As a result, investors are advised to consider buying GOOGL stock. For a more accurate forecast of the stock movement, professionals from Stocks Prognosis are recommended.
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