Alphabet Inc (GOOG)

They delivered a monster good quarter, but the stock didn't run. He blesses this stock.

Excellent idea to buy for a long-term hold. Coming back from 2022 with a vengeance. Ads are its lifeblood, and those are coming back. Controls Search. Its rocky start with AI lasted only weeks, and its huge R&D investment makes it a player. Reasonable mid-20s multiple for growth of almost 20%. Good value, lots of runway.

The chart shows higher highs and higher lows, and is above its 20-day moving average. Tech analysts Dan Fitzgerald sees resistance at $150, or $19 higher from now. Last spring, the 50-day moving average crossed above the 200, a sign of a powerful uptrend. It has consolidated (sideways) recently, but on lower volumes. DF says this is good, because higher volumes would mean that institutions are selling. Cramer believes GOOG will break above $150.

They make most of their money in advertising, plus cloud and Maps. They invest less money than Meta, but they do invest in Other Bets which has developed things like Bard AI. They have to invest in future innovations like their peers and do so through Other Bets.

No debt. Owns 30% of digital ad market. Almost 40% of all advertising is now digital. Great brand. Cloud continues to grow. Will catch up quickly on AI. Bumps along the way, but a great long-term story.

The chart shows a really good uptrend this year. He himself has been lightening up his technology stocks. Buy now and hold long. However, bond moves could impact tech stocks near term.

Their search and cloud businesses remain strong while YouTube captures the youth market and could be worth more than people think. Ads are coming back to the surprise of many.

Valuation is not pricey at 1.36x PEG ratio. Clear leader in Search. Good ecosystem. Running on all cylinders. Making higher highs and higher lows since bottoming last October. New 52-week high today. Still upside. September tends to be a weaker month, could be a chance to buy more.

Just reported. Search, cloud and especially YouTube are strong. Revenues beat. There's room to run.

Continues to motor on. In all the right businesses, though not the leader. Some fears that AI might eat into the Search business. Still likes it, still makes a ton of money. Margins are incredible. Revenue growth has slowed from 20% to 10%. You get a home run if ideas pay off, but also if ideas don't pan out and money is saved instead.

Up 38% this year. It was late to cloud computing and AI. YouTube is doing very well and they're cutting costs well. The anti-trust division is gunning for them. That said, this is worth owning.

Has invested in AI for many years. Leader in Search. Has lagged some of the other players, so the valuation is more attractive. Start adding here in stages.

Owns share in company.
Excellent business with bright future.
Not a major source of growth, but expecting stable returns.
Strong management team.
Good R&D.

Both great but different businesses, and great as long-term holds. Decide what end-market you're targeting to make your choice.

ASML makes cutting-edge machines that cost $100s of millions per unit. Concerns in the near term about China and the tit-for-tat going on. Risk that orders will be pushed back. Long-term, still likes a lot. Quite expensive, more of a monopoly.

GOOG is still one of his favourites. May just have the best AI capabilities in the world, despite OpenAI and the MSFT partnership, and that will continue to power through. Not expensive.