Alphabet (GOOG) Stock Set to Rally: Investopedia Feature
Earlier this week, I was honored to be a contributor to Investopedia by providing insight on Alphabet (Nasdaq: GOOG), known as Google, and the current trends this stock is showing.
With a graph that is showing an ascending triangle pattern, I suspect a rally for Google over the second half of this year – a potential 20% increase based on the pattern’s price targets.
Since ascending triangles tend to be a continual pattern, buyers could see share prices increase by nearly $200. If you do not currently own stocks in Google, unfortunately, they are one of the highest priced stocks to purchase shares of. But with everything this tech giant is up to, now is a good time to buy shares of GOOG if you can – for potential gains before year’s end.
To read the full coverage and my stock buying recommendation for GOOG, check out my Investopedia article: Alphabet Stock Set to Rally 20%.
Investing has consumed my life since college. While double majoring in finance and economics at the University of North Carolina at Greensboro, I founded the university’s economics club, joined the finance club and participated in the Chartered Financial Analyst research competition to represent our school.