Google Just Silenced Its Haters With This 1 Eye-Popping Number

Of the "Magnificent Seven" stocks, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) trades at the cheapest valuation by a significant margin, and has been over the past few years.The main reason is the perception or fear that new artificial intelligence (AI) chatbots such as ChatGPT will disrupt Google Search, leading to a decline in Alphabet's largest and most profitable business.Yet on Alphabet's second-quarter earnings release, Chief Business Officer Philipp Schindler revealed a number that should quiet the naysayers. In the wake of this one number's crucial disclosure, look for Alphabet's stock to rerate higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool