Alphabet Stock Rises Despite Broader Market Decline; Analysts Expect Strong Earnings Growth But See Limited Upside
• Alphabet Inc. (GOOG) stock rose 1.94% while broader markets declined • GOOG underperformed the Computer and Technology sector over the past month • Analysts expect GOOG to report strong YoY earnings and revenue growth • GOOG has a Zacks Rank of #3 (Hold) and a below-average PEG ratio • The Internet Services industry ranks in the bottom 40% among over 250 industries