The Smartest Growth Stock to Buy With $3,000 Right Now

10 hours ago 2

James Brumley, The Motley Fool

Sun, Apr 27, 2025, 7:35 AM 7 min read

It has been a unsmooth three-month agelong for Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) shareholders. Not lone has marketwide weakness taken a toll connected the stock, but what small anticipation was near that the institution wouldn't beryllium forced to divest itself of its Chrome web browser is seemingly slipping away. All told, shares of Google's genitor are down 20% from their aboriginal February highest adjacent aft Thursday's post-earnings bounce.

If you've got an other $3,000 you'd similar to put during this marketplace dip, though, the stock's inactive surely worthy considering. While there's nary denying Alphabet is simply a stronger institution with Chrome than without it, the market's worries that it can't thrive without its home-grown browser are a spot overblown. That spells accidental for you.

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Don't misunderstand. Alphabet would really, really similar to clasp onto its in-house browser. Numbers from Statcounter bespeak that Chrome's stock of the planetary browser marketplace stands astatine a coagulated 66%. Given that Google is Chrome's default hunt engine, not lone does this mean astir of the world's net users are steered toward Google, but Chrome itself provides Google with accusation -- done third-party "cookies" -- that helps the hunt motor show much applicable ads to idiosyncratic users.

More applicable ads, of course, mean amended returns connected selling spending for advertisers, and much gross for the hunt motor that displays those ads. That's wherefore Alphabet has been warring to clasp onto Chrome adjacent arsenic the Department of Justice has pushed successful its antitrust suit for Alphabet to divest it. The DOJ argues that Google is operating a monopoly ... which successful galore regards, it is.

To accidental that Google's hunt concern is wholly babelike connected outright ownership of Chrome, however, isn't wholly accurate.

Oh, owning the browser helps -- to beryllium sure. However, Alphabet has seemingly been preparing for the merchantability of Chrome for immoderate clip now. Although it is not astir arsenic almighty arsenic third-party cookies, the first-party web cooky tech that Google's been refining since aboriginal past twelvemonth is promising arsenic a instrumentality for providing elaborate selling information astir peculiar individuals. These first-party cookies besides enactment with immoderate web browser -- not conscionable Chrome. In this vein, investors should beryllium encouraged that Google inactive handles astir 90% of the world's web queries (again according to Statcounter), a clump of which evidently aren't being made utilizing a Chrome browser.