"Analyzing Alphabet Inc. (GOOG) Stock Performance and Abbott Laboratories (ABT) Trend"

Alphabet Inc. (GOOG) stock closed at $133.78, down 0.31% from the previous day, underperforming the S&P 500 and Nasdaq. The company's stock has dropped by 7.4% in the past month, and investors are awaiting its upcoming earnings release, with projected earnings of $1.49 per share and revenue of $65.95 billion. Analysts are closely monitoring any changes in estimates for the company, as positive revisions could indicate a favorable business outlook. Alphabet Inc. currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 19.81, indicating a discount compared to its industry. The Internet - Services industry, to which Alphabet Inc. belongs, ranks in the bottom 45% of all industries according to Zacks Industry Rank.