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Why Alphabet Inc. (GOOG) Outpaced the Stock Market Today

Zacks Investment Research·
Why Alphabet Inc. (GOOG) Outpaced the Stock Market Today

Alphabet Inc. (GOOG) closed at $343.87, up 1.33% and outperforming the S&P 500's 1.14% gain. Analysts expect upcoming earnings of $2.93 per share with 2.09% year-over-year growth, and full-year revenue projected at $433.58 billion, up 26.44%. The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 16.64, trading at a premium to its industry average.

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