Google Stock Price Today Per Share: $1,108.38

As of September 21, 2023, the stock price of Google parent company Alphabet Inc. (GOOGL, GOOG) is $1,108.38 per share. This represents a 0.56% decrease from the previous day's closing price of $1,115.46. Over the past year, Alphabet shares have gained 15.46%, outperforming the S&P 500 index, which has returned 10.64% during the same period.

Alphabet's Strong Financial Performance

Alphabet has consistently delivered strong financial results, driven by its dominance in the search engine market and its growing presence in cloud computing, advertising, and hardware. In the most recent quarter, the company's revenue grew by 13% year-over-year to $76.05 billion, while its earnings per share increased by 16% to $30.69.

The company's search engine business continues to be a major growth driver, accounting for over 60% of its revenue. Google Search holds a dominant market share of over 90%, providing advertisers with a highly targeted platform to reach consumers.

Alphabet is also making significant investments in cloud computing, where it is the second-largest player behind Amazon Web Services. The company's Google Cloud Platform (GCP) is gaining traction, particularly in the areas of artificial intelligence (AI) and machine learning.

Growth Opportunities and Risks

Alphabet faces several growth opportunities in the coming years. The continued growth of digital advertising, the expansion of cloud computing, and the development of new technologies such as AI and self-driving cars all represent potential areas for the company to expand its dominance.

However, Alphabet also faces some risks. Competition from rivals such as Amazon, Microsoft, and Apple is intense, and the company could face regulatory headwinds related to its privacy practices and market power.

Why Google Stock Matters

Google stock is one of the most widely held stocks in the world, and for good reason. The company is a global leader in technology and has a proven track record of innovation and financial success. Alphabet's stock is a core holding for many investors, providing exposure to the growth of the digital economy and the development of new technologies.

Benefits of Investing in Google Stock

There are several benefits to investing in Google stock:

• Strong financial performance: Alphabet has a history of delivering strong financial results, driven by its dominant position in the search engine market and its growing presence in other areas such as cloud computing and advertising.
• Growth potential: The company has several growth opportunities in the coming years, including the continued growth of digital advertising, the expansion of cloud computing, and the development of new technologies such as AI and self-driving cars.
• Dividend income: Google pays a quarterly dividend, which provides investors with a steady stream of income.

Strategies for Investing in Google Stock

There are several strategies that investors can use when investing in Google stock:

• Buy and hold: Google stock is a good long-term investment for investors who believe in the company's long-term growth potential.
• Value investing: Investors can look for opportunities to buy Google stock at a discount to its intrinsic value, which can be determined using fundamental analysis.
• Growth investing: Investors who believe in Google's growth potential can invest in the stock with the expectation that it will continue to grow at a faster rate than the overall market.

Tips and Tricks for Investing in Google Stock

Here are some tips and tricks for investing in Google stock:

• Do your research: Before investing in Google stock, it's important to do your research and understand the company's business model, financial performance, and growth prospects.
• Set realistic expectations: Don't expect Google stock to double in value overnight. The stock has a history of steady growth, but it's important to be patient and realistic about your expectations.
• Rebalance your portfolio: As your investment portfolio grows, it's important to periodically rebalance it to ensure that your asset allocation is still aligned with your risk tolerance and financial goals.

Table 1: Google Stock Price History

Table 2: Alphabet Financial Results

Table 3: Google Search Market Share

Table 4: Alphabet Stock Price Target Estimates