Is Alphabet's Stock Too Cheap to Ignore?

Alphabet's stock looks undervalued when compared to other "Magnificent Seven" companies. It's been an interesting year for the "Magnificent Seven" stocks, a name given to Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Apple, Microsoft, Nvidia, Amazon, Meta Platforms, and Tesla because of their size and influence on the market. Although Alphabet hasn't experienced the worst drop this year (that honor goes to Tesla and Apple), it appears to be the most undervalued of the bunch after its recent declines.