Google Cloud, ad sales on YouTube bolster Alphabet’s long term growth

Google Cloud, ad sales on YouTube bolster Alphabet’s long term growth

Sundar Pichai, chief executive officer of Google Inc.

Bloomberg | Getty Images

Alphabet‘s stock hit an all-time high earlier this week, and analysts say growth in Google’s businesses outside of search ads could propel shares even higher

On Monday, April 19, the Google-parent company’s stock price hit an intraday all-time high of $2,304.09 and ended the day at a record closing high of $2,289.76.

But that’s just the tip of the iceberg, analysts told CNBC.


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