Alphabet's Trading Volume Drops 29.83% to $50.20 Billion Ranking 10th in Market

On May 19, 2025, Alphabet's trading volume reached $50.20 billion, marking a 29.83% decrease from the previous day, placing it at the 10th position in the day's stock market rankings. Google A (GOOGL) rose by 0.21%, marking its second consecutive day of gains, with a total increase of 1.57% over the past two days.

Alphabet is recognized as a top long-term growth pick, driven by its leading AI capabilities and strong platforms such as Search, YouTube, and Cloud. The company's stock is considered a buy due to its robust position in the AI race and its diverse growth avenues, including its dominant search engine, which remains secure despite potential challenges from AI-powered alternatives.

Google CEO Sundar Pichai has emphasized that the AI race will not have a single winner, highlighting the company's continued significant investment in AI. This strategic focus positions Alphabet as a strong contender in the AI landscape, with its AI initiatives, including Gemini, showcasing its capability to compete with other leading AI models.

Alphabet's stock is currently trading at around 17 times its trailing earnings, a level it has only reached three other times in its history. This valuation, combined with its forward price-to-earnings (P/E) ratio of 17, makes Alphabet an attractive investment option, trading at a discount compared to other tech stocks. The company's strong growth prospects and undervalued status further support its position as a top AI stock.