Alphabet Inc (GOOG)

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.

Trading at 15X earnings and feels earnings are going to grow at 30% over the next few years. Thinks it is breaking out here and suspects it will continue to do so. Dominant in franchise and Internet searches and is moving into mobile and has the rapid video platform.

(A Top Pick Feb 7/12. Up 23.96%.) Very strong fundamentals. Have a dominant position with the Android software system on mobile phones. Captures about 66% of all search volume globally. Very cheap and still growing at about 15% per year.

Bought this when it dropped down to the $650 range. Has been pretty puzzling long-term in the fact that it has a pretty good growth rate and just hasn’t really made those moves. PE is not too bad. You’re getting a great business and he doesn’t think there is much that is going to usurp their search engine business. This can be treated as a trading stock and when it gets a little bit frothy you can sell and buy when it comes down again.

(Top Pick Dec 14/11, Up 16.61%) A lot of people are concerned with cost per click dropping, but now they are moving to mobile. Revenues and volumes are rising. They are monetizing areas of their business that people said they wouldn’t.

(A Top Pick Oct 18/11. Up 15.67%.)

Trading in Google shares has been suspended after the internet giant released its third-quarter results early by mistake. Google blames financial printing firm RR Donnelley for filing an early draft of the results, which had been expected after the closing bell. Shares in Google were down 9% when trading in the stock was suspended. Shares had fallen as much as 10.5% at one stage. In a statement, Google said: 'Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorisation... We have ceased trading on Nasdaq while we work to finalise the document. Once it's finalised we will release our earnings, resume trading on Nasdaq and hold our earnings call as normal at 1:30 PST.'

Stock has just hit an all-time high. Seasonably, usually the technology sector does very well normally from the middle of October until the end of January. Might be a little bit of weakness over the next couple of weeks but historically the stock should do very well right through until the end of January.

When a stock price rises, it really rises on 2 things. Underlying fundamentals of the company including revenues, cash flow, earnings and they basically forced the value of your company up. The other way is on confidence and that is on how many dollars we are willing to pay on each dollar of earnings. This one always seem to be trading undervalued but is now trading at about 20X earnings. Good holding, but he doesn’t think we are going to get a revision of the multiple upward.

Nice-looking chart. Breaking out from a lot of buying going on and very high momentum. This breakout is sustainable to a certain degree. It might pull back to the $650 level but it looks very, very solid. It could go up to $1000 on the upside. It would be nice to see them break that all-time record high of about $715. Have an exit point of about $625. Wouldn’t be surprised to see it trading above $800-$900 before the end of next year.

Has been an underperformer for awhile. Facebook (FB-Q) has shown that this stock is actually the King. European business was actually up. Have the better business model. Have the ability to tweak the search algorithm and as they do this, they improve the efficiency of the advertising. As this goes up, the $’s that people will pay will go up. This stock is cheap.

Thinks this is one of the great growth stories still out there. You are not paying a lot for it. Trading at 14-15 times earnings. They are still in the sweet spot of their earnings growth. Have a ton of cash and they own the Android operating system. Thinks there is a lot of potential here.

(A Top Pick Aug 15/11. Up 17.74%.) Has a ton of cash on the balance sheet. They still dominate the search market.