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Alphabet was the top Big Tech stock of the year — here’s why


MongiIG

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Alphabet is on the verge of wrapping up its best year from an investment perspective since 2009, and has proven to be by far the top-performing Big Tech stock of 2021.

As of Thursday’s close at $2938.33, Alphabet’s stock is up 68% this year. With just five trading days left in 2021, it’s virtually impossible for any of its biggest peers to catch up.

 

Microsoft is the closest, up 51%. Apple has gained 33%, followed by Facebook (now Meta) at 23% and Amazon at 5%. You can even throw in Tesla, which has climbed 51% for the year. The Nasdaq 100, a basket of the largest nonfinancial companies in the Nasdaq, is right in the middle, up 27%. Full article by CNBC

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