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Alphabet (NASDAQ:GOOGL) Knows How To Allocate Capital Effectively

By Yahoo! Finance   |   Nov 30, 2024 at 09:11 AM EST
Alphabet (NASDAQ:GOOGL) Knows How To Allocate Capital Effectively

Identifying the next multi-bagger involves looking for companies that reinvest capital at increasing rates of return. Alphabet's ROCE of 31% is impressive compared to the industry average of 6.7%.

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