Alphabet’s Antitrust Issues Have Made It a Cheap Buy for Bulls

Alphabet Inc. stock has struggled for the past two months with mounting regulatory uncertainty. For some bulls, that’s a buying opportunity.

Google’s parent company’s stock price has fallen more than 20% since its July peak and recently closed at a six-month low. While most Big Tech names have partially recovered from a summer of rotation outside the sector, Alphabet continues to fall. In August, a federal judge ruled that Google had illegally monopolized the search market, and Bloomberg News later reported that one option the Justice Department was considering was to try to break up the company.