These 5 Stocks Moved the Market in 2021 Part 2
$Alphabet-A(GOOGL.US$ - marched steadily higher throughout the year to a 60% stock return. The company delivered roughly 45% sales growth over the first nine months of the year, while operating profits increased 120%.
In a year where runaway valuations made headlines for tech stocks, Alphabet delivered stellar returns based primarily on fundamentals rather than inflated valuation ratios. Its trailing PE ratio, forward PE ratio, and enterprise-value-to-EBITDA are all lower than one year ago, though price-to-sales and price-to-book have risen slightly.
Alphabet is a major player in a few different growth markets, but its sales and profits still come overwhelmingly from its advertising business.
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