It’s because of its infamous cash pile worth $207 billion.
But while Alphabet’s cash hoard comes in lower at $120 billion, its lower debt obligations make it a potentially better investment.
GOOGL stock owes just $4.5 billion in long-term debt.
Is Google stock a good investment?
Google stock trades about 12% below its 1,268.49 cup-with-handle buy point. The impact of the worsening coronavirus crisis on Google’s financial outlook is uncertain. More broadly, the stock market is now in a correction. It’s not a good time to be buying most stocks.
Is it better to buy cheap or expensive stocks?
There is no difference between more shares of a relatively cheaper stock and less shares of a relatively more expensive stock. When you invest in a stock, the percentage increase (or decrease) in the share price results in gains (or losses). This is a fundamental concept of investing.
How much does it cost to buy a stock in Google?
Investing in a stock generally requires you to pay the share price multiplied by the number of shares bought. If you wanted 100 shares of Google (GOOG), now Alphabet Inc., it would cost around $108,000 (100 * $1080.00) as of March 2018. However, there is an alternative method that requires less capital: options.
Why is Google cheaper than GOOG?
Because GOOGL (class A) stock owners have voting rights, the shares tend to cost slightly more than GOOG (class C). However, the price difference is tiny — often less than $1, which is under 0.1% of the stock price. It also frequently happens that GOOG shares temporarily cost more than GOOGL shares.