AlphabetThis stock is close to wrapping up its greatest year in terms of investment since 2009. It has been the best-performing Big Tech stock for 2021.

Alphabet shares are up 68% since Thursday’s close, which was at $2938.33. Alphabet has just five trading day left for 2021 so it is virtually impossible for its larger peers to catch up.

MicrosoftIt is closest at 51%. AppleFacebook was next at 33%. Meta) at 23% and AmazonAt 5% Throw in TeslaThe year’s increase in a has been 51%. The Nasdaq 100The Nasdaq basket of largest nonfinancial corporations is in the middle at 27%.

Alphabet has been resilient throughout the recession, as it gets its vast majority of revenue through Google’s advertising. Covid pandemicThis makes them resistant to inflationary fears. Inflationary concerns aside, consumers have been flocking to the web, mobile and maps pages, as well YouTube videos. Google’s expanding cloud infrastructure has also helped boost business.

The company’s third-quarter results report Alphabet reported an October 43% jump in advertising revenue, to $53.1Billion, and a $7.2B increase in YouTube ad sales. Analyst estimates were exceeded by earnings.

Some ad-based Internet companies are more like Facebook SnapPrivacy changes made to Apple’s iOS have caused them to be dragged down, but Google has now taken over. held upIts control over Android’s operating system, and its lack of dependence on Apple are some of the reasons why it is performing better.

The average Refinitiv survey analyst forecasts that revenue will increase 39% to $254 billion over the year. This would be the largest growth rate since 2007, and it follows an increase of 13% in revenue in 2007. second quarter2020.

Google’s search business grew at pre-pandemic rates in early 2021. levels, driven by a rebound in advertising. The reopening of countries was accompanied by increased consumer searches for travel and products. Consumers also spent more time surfing YouTube. most significant growthAccording to Pew Research Center, the Pandemic Influenza pandemic affected the most popular social media apps in America.

In a October report, analysts at Argus said that Alphabet’s remarkable recovery from 2Q20’s COVID-19-induced advertising slump was “remarkable”. It has been given a Buy rating by Argus and stated that they expect continued momentum as digital advertising and ecommerce have flourished in economic recovery.

Google was twelve years ago when it delivered more returns to Wall Street than its shares. The stock had nearly doubled in that year. Google wasn’t a large company back then. $1 trillionJusqu’à January 2020

Alphabet, which reached that landmark less than two decades ago, added just shy of 2 trillion dollars in the second quarter. At the end of last week’s closing, its market cap was at $1.95 Trillion.

Advertising is not all that’s important.

Google’s cloud business saw a 45% increase in revenue to $4.99Billion, and an operating loss of $644M compared to $1.21B a year prior. Although Google Cloud Platform is trailing Microsoft Azure and Amazon Web Services in the cloud infrastructure market it has been able to benefit from an emerging trend. multicloud trendAs big companies tend to spread out their work rather than depend on one vendor, this is a good thing.

Also, Alphabet saw big returnsIts investment arms GV, CapitalG. Companies in the portfolio include UiPath, Duolingo, Freshworks ToastThe company went public in this year. Alphabet saw investment returns of $188 millions in its third quarter. This is an increase from $26million a year ago.

Analysts’ projections for 2022 are less optimistic. Alphabet might need new growth drivers if it wants to maintain its outstanding performance. It is predicted that revenue growth will slow to 17%. This compares to the rate it experienced in 2019 prior to the pandemic.

Meanwhile, Alphabet’s Other Bets is still awaiting progress. Waymo, its self-driving vehicle company Waymo is still losing a lot of money. However it has made progress in new areas during 2021. Alphabet keeps consolidating other projects which haven’t had the chance to emerge, and announced most recently that it will be closing its folding Sidewalk LabsGoogle has taken its intelligent city efforts and integrated them into Google.

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