Alphabet Inc (GOOG)

Had a significant run in a short period of time. Upside on a reasonable sort of valuation metric is probably $1150-$1200. If you like those odds, then it is fine to Hold. They have the dominant market share in search but some of their enhanced programs seem to be working in bringing in ad revenue. A momentum stock and once the market throws it back out of favour, the stock can easily trade back down.

(Top Pick Aug 29/12, Up 47.63%) Biggest holding in all his funds. One of the cheapest plays on this new technology. They should split it but doesn’t know if they will. Larger server manufacturer in the world, just using them internally.

Apple (AAPL-Q) versus Google (GOOG-Q)? Thinks you can own both of these. Both are good companies. This one gives you good leverage to online advertising. There is the potential of them monetizing the Android system. They come out with innovative products. Big cash balance and there are opportunities for them to grow in the mobile space.

His 3 picks today are all technology related. He is seeing earnings and revenue growth over time and a global move towards more mobile telephone technology. This company is the largest search engine provider and one of the largest global advertisers. One of the most innovative companies in the world. Have $60 billion of cash on their balance sheet. Own the largest operating system, Android, for all mobile technology. They own You Tube and may start televising NFL football for a subscription service.

Trading at 20X forward earnings which is a reasonable multiple for this company.

This is a technology conglomerate. Involved in every aspect of technology including web, searches and mobiles. Creating an android operating system which is open and is getting the most adoption. Trading at around 18X earnings.

They have taken ideas that people questioned could be monetized and then did that well, and then expanded into mobility. The market is getting caught up in the metrics of Google. The volume has increased dramatically. They are doing great in mobile. Android was their entry point.

Likes their innovativeness. Employees get to spend 20% of their time on projects that they want to look at. Likes the package of their various projects. Trading at only 15-16 times earnings.

This is one of the great growth stories out there. If it dropped down to the $830 range, he would probably add to his holdings. They are so dominant. Earnings are growing.

Used to own. Likes them in the phone market because they are paid by advertisers. Everything involves how do you get eyes on you. It was trading by 18 times earnings so she got out. Prefers Qualcom for handset investment.

Caller has done well on this. Wants to know if he should take some profits. It would be wise to take some profits. Company has had a great run and has done a really good job of competing against Apple (AAPL-Q). Not trading at an outrageous multiple. Continuing to own, you will do well with it.

His son works there. Has so many things going for it, but it may be the Apple of 2013, where it has a high and then pulls back. Starting to be expensive.

Doesn’t own, but following with great interest. Share price in the last month and a half has been horrendous. Wonderful company. In some respects it is just getting started in terms of advertising dollars and mobile exposure. Have wonderful products. Game changer and an innovator. You can’t go too far wrong buying this company. Valuation is too high for him.

(A Top Pick April 19/12. Up 36.78%.) A tech name that hasn’t really gotten credit until now. Most of its core revenues are from search engine advertising but he feels the market is probably realizing they are diversifying to things like emailing, mapping, instant messaging and Google+ (social media). Trades at 18X forward earnings. 15% long-term growth rate. Still pretty cheap. (Buy on weakness.)

Reasonably priced trading at around 15-16 times earnings. Monetized all the areas that people were worried about. Mobility is really the key for them. Activating somewhere around 1.2 million phones a day. Unbelievable what they are doing with Android. Mobile margins have started to stabilize. Ad revenues are still strong.