Beyond Beta: Why Alphabet Stock Is a Swing Trader's Dream The recent market rally has investors feeling optimistic, and for good reason – most asset classes are experiencing a sustained uptrend.
However, beneath this broad based bull run lies a more nuanced reality: individual stocks continue to drive alpha, or excess returns relative to their respective benchmarks. Among them is Alphabet Inc.
, the parent company of Google, which has become a swing trader's darling. The concept of beta is often misunderstood, even by experienced investors.