- July 12, 2021
- Posted by: Stratford Team
- Category: Business
Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), the parent company of Google, has a massive $1.7 trillion market cap. However, in this Fool Live clip, recorded on July 2, Fool.com contributor Matt Frankel, CFP, and Chief Growth Officer Anand Chokkavelu discuss why there could potentially be trillions in upside ahead.
Anand Chokkavelu: So, when I think about Alphabet, I think of Google search and the results in digital advertising domination along with Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN). Now, Amazon. But I also think of optionality. Whether it’s data, machine learning or AI, we’re talking self-driving cars, Waymo, drones, robotics, whatever. Alphabet has its hands in it, and I could’ve gone through their moonshots and 20 more enticing things that they’re really taking small bets in, so between its current business and the possibilities, and it’s like that Amazon day one mentality of just continuing to…