Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) stock traded slightly higher on Thursday as buyers keep leaning into the longer-term uptrend even while mega-cap tech is choppy.
The Nasdaq is down 0.92% while the S&P 500 has shed 0.12%. • Alphabet stock is trading at elevated levels.
What should traders watch with GOOG?
BofA Securities analyst Justin Post expects Alphabet to deliver a strong second quarter, driven by cloud momentum, steady search growth and AI-related upside.
Cloud Growth Drives Forecast Post maintained a Buy rating on Alphabet with a $430 price forecast.
