Is Alphabet (GOOG) Recession Proof?
I consider Alphabet (NASDAQ: GOOGL) recession resistant because itcan generate enormous amounts of cash.
For example, Alphabet had $133.97 billion in cash and short-term investments on 31 March 2022. The cash and short-term investments fell from $139.649 billion on 31 December 2021 and $135.104 billion on 31 March 2021.