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NASDAQ:GOOG
This summary was created by AI, based on 96 opinions in the last 12 months.
Alphabet Inc. (GOOG) has emerged as a powerful player in the AI market, particularly with its Gemini platform, which is seen as a serious competitor to ChatGPT. The company's cloud business reported a remarkable 63% year-over-year revenue growth, indicating robust performance despite fears around the decline in its search advertising market share. Many experts emphasize the strength and resilience of Google's diverse ecosystem, including YouTube and Waymo, which hold substantial growth potential. While there are concerns regarding market valuations and regulatory scrutiny, the consensus is that Google is well-positioned to leverage its advantages in data and technology to maintain and expand its revenue streams across various sectors. Overall, the mixed perspectives on valuation reflect both optimism and caution regarding future gains.
(A Top Pick Aug 29/17, Up 17%) A wild ride with these FANG stocks this year. Sometimes they trade on momentum, but eventually value shines through. Google had 35 straight quarters of 20%+ revenue growth at 20x earnings--name another company like that. Hopefully they clean up their office politics. Their investments in self-driving could be huge as well as the connected home. Their Google search and YouTube are crushing it.
He's long owned it and it's a major holding. All the FANGs have been hit lately. Google's last report beat, but their revenues were light. It went down today because of the general sell-off and a possible UK digital tax is rearing its head. The markets are overreacting now. Google has 21x earnings for 2019, so it's still reasonable. Now, is a great entry point.