Alphabet's stock looks relatively cheap compared to the rest of the "Magnificent Seven."

Whenever a publicly traded business faces a big risk or unknown, that can weigh on its valuation. For Alphabet ( GOOG 0.21% ) ( GOOGL 0.28% ) , the tech giant that owns Google and YouTube, the big concern recently was that antitrust lawsuits would result in it being forced to sell off key parts of its business.

Although Judge Amit P. Mehta did rule earlier this month that the company has operated a monopoly in search, he did not impose the most severe consequences that federal regulators had asked for. Alphabet still faces a different antitrust case involving its ad tech, but investors were most worried about the possibility of it having to sell its Chrome browser or Android operating s

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