Great growth story. Owns online advertising. You Tube, search engine component etc. have done well. Has a big spot in the cloud. 50 Buys, 1 Hold, 0 Sells.
20 for 1 stock split. Stock split will take a while, as it has to be approved at the next shareholders meeting, which is not till July. Great opportunity for a wider distribution of shares. Volumes will go up a lot. Shares will now be more accessible at the lower value and more accessible for options. Lower price will encourage a lower strike price. Last year in general, there were more stock options traded than actual stocks, so it's a big deal.
It beat its numbers, starting with EPS, and shares soared 7.5% today. It's the most impressive of the megacap tech names. YouTube makes money for them than any set of networks. They're buying back a lot of shares. They announced a 20-for-1 stock split which is a good idea, because it signals to retail investors that the company is doing well and invites retail buyers to buy.
In the midst of a tech selloff, all of a sudden it's a value stock. Growing top and bottom lines at over 15-20% per year. Trades at 20x earnings. Over 100B net cash. Expects earnings to at least double over the next 5 years. Compelling. No dividend. (Analysts’ price target is $3373.98)
(A Top Pick Aug 06/20, Up 73.9%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with GOOG has triggered its stop at $2600. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 73%, when combined with the previous recommendation to cover half.
AI is incredible opportunity that will be beneficial to company.
AI very expensive business to get into and company has incredible advantages in this field.
Good company to buy.
Six or seven megacap tech names have bolstered the market; they are so dominant. He has no idea why Google was trading so poorly today, but those names continue to sell off like today, so will the entire market. In turn, that could slow down the rate hikes. But the Fed should not let the market dictate the Fed's actions.
(A Top Pick Nov 25/20, Up 65%) An amazing 2021. Revenues will slow in 2022, but you'll still see high double-digit revenue growth. 15-16% going forward. Earnings should re-accelerate in 2023. New CFO is disciplined, slowing down the cash burn. Buying back stock. One of the best. Long-term holding. Reasonable here.
Investors should stay with this company.
Better positioned than many other tech companies.
Company has a reasonable valuation.
Many underappreciated assets such as YouTube, Android operating system, search business, cloud computing business.
Alphabet is up 68% this year, and MSFT and Apple also did very well. The S&P had its best return since 1990, but we won't see that in 2022, but rather more volatility. Alphabet has had such a dramatic catch up vs. other FAANGs, because Alphabet has embraced the Apple model of share buyback that's exceeded street expectations. The investor's edge is these megacap tech companies return of capital to shareholders. Maybe that's why Amazon has underperformed this year (no share buybacks). MSFT, Alphabet and Apple are his picks given this buyback reason.
Very positive. Fundamental strength reflected in the stock price. Over $100 EPS in 2021. Growing at 15-18% in earnings, cashflow, and slightly less for revenue. Great example of patience in developing products like YouTube. Safe to go here. A price maker, which you can own in inflationary times.
The top 5 senior growth/tech stocks: #2 is Alphabet. They dominate internet search, but their cloud business will offer the next leg of growth in 2022. Their last quarter disappointed, because they didn't spend enough to monetize their user base. Watch Google cloud take off.
Don't fear a shutdown, but a slowdown due to the new Omicron variant. It's a juggernaut, performing better than the other FAANGs in today's bounce. Wait for a dip. Own it, don't trade it.
Even though its PE isn't cheap, look at GOOG. It's a real grower with a phenomenal franchise, and almost impossible to unseat at the present time in its core business.
Alphabet Inc is a American stock, trading under the symbol GOOG (previously GOOG-Q on Stockchase) on the NASDAQ (GOOG). It is usually referred to as NASDAQ:GOOG or GOOG