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Why Alphabet Stock Is a Buy Despite YouTube's Revenue Drop

Why Alphabet Stock Is a Buy Despite YouTube's Revenue Drop

Tech giant Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) experienced a depressed stock price over the past several weeks on the back of a disappointing third-quarter earnings report. Worse, its YouTube division experienced its first year-over-year advertising revenue decline -- 2% -- since Alphabet first broke out the segment in 2019. Here's why it makes sense to take advantage of Alphabet's depressed stock price to scoop up shares.