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After Falling 39% in 2022, Is Alphabet Stock a Buy in 2023?

While many unprofitable growth tech stocks saw their share prices plummet in 2022, a result of investor sentiment souring on these speculative businesses, even the most dominant companies weren't immune to a declining market. For example, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), one of the most successful enterprises ever, experienced a stock drop of 39% last year. Shareholders are probably familiar with the issues that the business has been facing, particularly as it relates to softer advertising spending. Read More...

While many unprofitable growth tech stocks saw their share prices plummet in 2022, a result of investor sentiment souring on these speculative businesses, even the most dominant companies weren’t immune to a declining market. For example, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), one of the most successful enterprises ever, experienced a stock drop of 39% last year. Shareholders are probably familiar with the issues that the business has been facing, particularly as it relates to softer advertising spending.

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