“With 15 products that each serve half a billion people, and six that serve over 2 billion each, we have so many opportunities to deliver on our mission,” CEO Sundar Pichai said in Alphabet‘s (NASDAQ: GOOGL) (NASDAQ: GOOG) second-quarter 2023 press release. There aren’t many businesses out there, if any, that have the reach and adoption that this one does.
Alphabet has provided a huge boost to investor portfolios since its initial public offering in 2004. This tech titan is a powerful enterprise these days, but it’s not even close to reaching its potential, as growth is still a key part of the story. That introduces more upside for patient investors.
If you buy $10,000 in Alphabet stock in 2025, will you become a millionaire in 10 years?