Is Alphabet the Top Tech Stock to Buy In 2023?
Despite being the third-largest U.S. company, Alphabet (GOOG 1.53%) (GOOGL 1.45%)hasn't had a great year. The stock is down 31% this year, underperforming both the Nasdaq Composite and the S&P 500.
While this underperformance stings for this year, does it set the stage for outperformance next year? After all, you can't change the past, but you can invest in the future. So let's find out if Alphabet is set for a recovery in 2023.
How did we get here?