Alphabet Down 16% YTD: Are GOOGL Shares Buy, Sell or Hold on the Dip?

Alphabet GOOGL shares have dropped 15.8% year to date (YTD), underperforming the broader Zacks Computer & Technology sector’s fall of 4.5%. The decline can be attributed to challenging macroeconomic conditions, moderating cloud growth, higher investments in developing cloud infrastructure and increasing regulatory headwinds.GOOGL is suffering from a lack of capacity,...