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Alphabet Is King of the FAANG Stocks, and It's Not Even Close

Alphabet Is King of the FAANG Stocks, and It's Not Even Close

Shortly after Sundar Pichai became CEO of Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) in 2015, he boldly proclaimed that his vision was to evolve into an AI-first company. Alphabet's consistent investments to support long-term growth are certainly reflected in its strong financial performance. Although the company competes with other technology behemoths such as Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Netflix (NASDAQ: NFLX), Alphabet's most recent quarterly results lead me to believe that it could very well become the biggest company in the world in terms of market cap in the not-too-distant future, replacing Apple (NASDAQ: AAPL).