Should You Buy the Only "Magnificent Seven" Stock That Is Cheaper Than the S&P 500 According to This Key Metric?
GOOGAlphabet(GOOG) The Motley Fool·2024-08-31 16:45

Alphabet stock is down 9% in a month and has reached a more attractive valuation.The "Magnificent Seven" companies -- Microsoft, Apple, Nvidia, Alphabet (GOOGL 0.99%) (GOOG 1.05%), Amazon, Meta Platforms (META 0.60%), and Tesla -- are known for their growth prospects and rewarding long-term shareholders with epic gains, but not so much for being value stocks.However, earnings growth and a recent sell-off in Alphabet stock have pushed its forward price-to-earnings ratio below that of the S&P 500. The forward ...