March 20, 2025

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Why It’s No Surprise That Alphabet Stock Has Gained Ground in 2020

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Why It’s No Surprise That Alphabet Stock Has Gained Ground in 2020

Image: © Source: achinthamb / Shutterstock.com Why It’s No Surprise That GOOG Stock Has Gained Ground in 2020. Article by Louis Navellier and the InvestorPlace Research Staff.

There is no shortage of stocks that have left investors under water in 2020. Some have clawed their way back from the worst of the damage done during the March market selloff. However, very few have bounced back to the point that they’re in positive growth territory for 2020. Despite legitimate concerns about the weakness of ad revenue during the novel coronavirus pandemic, though, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has performed well. And GOOG stock is one of those rare picks that is in positive territory for 2020.

That resiliency against the most damaging series of events to hit the stock market in decades is a testament to Alphabet’s strength. And it’s further proof that GOOG belongs in your portfolio. […]