Alphabet Inc (GOOG)

Alphabet (GOOGL-Q) or Apple (AAPL-Q)? He recently sold Apple. He likes this company. It is cheaper in terms of its PE/growth ratio and more diversified in terms of what they are doing. This is in a space that no one is going to enter anytime soon in a major way.

He likes it. There was a little pull back but not that much. Google tends to go sideways for a period of time, and then it breaks out and moves up again. It’s probably due for one of those period of consolidation, and then it could break up and move up again. For a long term buy and hold investor you’re probably good to go.

(A Top Pick Nov 23/16. Up 33%.) Involved in a couple of oligopolies, online search, online video and ad spending, and has a ton of cash they can deploy into areas that are going to grow hand over fist in the next decade. It isn’t trading at all that much of a premium to the S&P 500 in the context of its growth rate.

(A Top Pick Nov 28/16, Up 35%) They are doing well. Last quarter they had their fastest advertizing growth in 5 years. They are defying the laws of large numbers.

One of the best companies in the world. The stock has moved up phenomenally, but is still reasonable value given all the properties they have. He is very excited about the potential of the Cloud for this company. There is a lot of opportunity for them.

CSU-T vs. FIH.U-T vs. GOOGL-Q. You have several different options here. He likes FIH.U-T’s exposure to India. He thinks India is one of the great overlooked growth stories. GOOGL-Q is one of the death stars. It has run to quite an extent. He thinks it has a good year to run yet. This is one that will be around in one form or another for a long time.

(A Top Pick Nov 15/16. Up 35%.) The valuation is not as attractive as it was a year ago. They’re executing well. Have had over 20% revenue growth for 21 consecutive quarters. Has a lot of cash overseas, which will be a benefit if the whole US tax reform comes in for repatriation of foreign taxes.

On their latest report, they grew revenues 24% year-over-year. A very large company, but still growing very, very smartly. They are starting to monetize a lot of their supplementary initiatives. YouTube is really taking hold, with 1.5 billion monthly users watching at least an hour or more. A very real streaming opportunity for people in the over-the-top world in competition for eyeballs. They also have Waymo, a self driving car initiative, which is going to be amazing. Google has long been reputed to be behind the curve on the Cloud. Just as last week, they did a joint venture with salesforce.com, which is going to make a difference. At 28X earnings, this is a good solid holding for the long-term. (Analysts’ price target is $1180.)

This one is a long-term hold. This and Facebook (FB-Q) own mobile advertising. They have the whole data management and derivative side. The android operating system, which they give away, runs over 60% of the world's mobile devices. That's a huge monetization value. (Analysts' Price Target is $1,100.00.)

(A Top Pick May 17/17. Up 5%.) The chart is showing the stock has consolidated a little. Had a pretty great move in the first part of the year, as well as last year. The driver is still intact. Ads continue to go online. They are garnering a great share of Search. Spending in AI and everything in the background for secular drivers. He still likes this.

(A Top Pick Oct 12/16. Up 23.49%.) Still one of the great growth stories. Nobody has better data sources and the ability to get into it than this company. This is a juggernaut that is going to continue to grow good cash flow.

As a high-tech stock, this has very strong seasonality. It does very well from October to January, followed by another sweet spot in the spring. We are currently in the period where the stock normally doesn’t do that well. Once you get to the 2^nd week in October, look for the stock to start moving higher.

(Top Pick Oct 17/16, Up 20%) It is in the themes of cloud and search. You really want to own this one. He has a significant tech weight because there are so many secular themes here.

All the leading techs are taking a pause. He sold his holdings at around $980. The longer-term trend on this is fantastic. Thinks we are entering into one of the periods of no new highs. However, the stock has a great long-term upside. To get back into the name, he would like to see either a break-out to new highs, or he would even Buy on a test to the trend line after we get through the September nasty period.

If a long-term investor, he would not sell this, but would Hold, and if it pulls back, add more. One of the go-to names. From a technology standpoint, it has a very dominant market position. From a search and online advertising standpoint, these are trends that are poised to continue. It is not that expensive a stock. If you back out the cash, it is trading at 17 or 18 times PE multiple.