Alphabet (GOOG, GOOGL) 02 (Aug 17 - Dec 25)

[winston]

not vested

Stocks to Buy and Hold: Alphabet (GOOGL, GOOG)

Fans and followers of the company will likely know that Google parent company Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG) missed last quarter’s earnings estimate, posting a profit of $9.70 per share versus expectations of $9.98.

What got lost in the shuffle is how revenue was up 24% year-over-year, and that net income grew 11% from the year-ago quarter.

Appreciated or not, Alphabet is a profit and revenue growth machine that has earned its spot on a list of “forever” stocks to buy.

It may not always beat estimates, but it does always increase its numbers. That’s because it keeps finding a way to serve as the middleman for about 70% of web searches done on desktops, and boasts being the preferred search engine for about 90% of the queries made via a mobile device.

If it was going to be toppled, we’d see evidence of it by now.

Source: Investor Place

[winston]

not vested

Cheap tech stock: Alphabet (GOOGL)

Prices are down by 5% over the last month, and 7.5% over the last three months.

This pullback comes even though GOOGL remains one of the strongest and most consistent stories out there.

Just look at its 32 consecutive quarters of 20% revenue growth and 25%-plus operating margins. These are the kind of figures other companies can only dream about.

Indeed, five-star Monness analyst Brian White has just reiterated his “buy” rating and $1,280 price target. Alphabet is already the No. 1 search engine and mobile operating system in the world, says White, but it is still furiously innovating with a never-ending list of new products (see Waymo’s latest announcement).

With an eye on the attractive growth opportunities ahead, White says: “With the company’s dominant position in search, the company has garnered the top position in the global online advertising market and we believe the stock is an attractive value at current levels.”

We can see from TipRanks that GOOGL — a “strong buy” stock — has received 23 buy ratings vs three hold ratings in the last three months. This is with a $1,302 average analyst price target (25% upside potential).

Source: Investor Place

[winston]

not vested

Tech Stocks to Short: Alphabet (GOOG)

Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) shares are rolling over after setting another pattern of lower highs and lower lows, dropping back below its 50-day moving average ahead of earnings.

Watch for a decline back to support near $1,000 and its 200-day moving average.

The company will report results after the close today.

Analysts are looking for earnings of $9.28 per share on revenues of $30.3 billion.

When the company last reported on Feb. 1, earnings of $9.70 missed estates by 37 cents on a 24% rise in revenues.

Source: Investor Place

[winston]

not vested

Selling Alphabet Inc Stock Is a Mistake — Stay Long

Near-term noise aside, GOOG stock is a long-term winner

By LUKE LANGO

Revenue rose 23% year-over-year.

Google Other revenue was up more than 35%. That is the same as last quarter, implying that Alphabet’s ancillary businesses (cloud, hardware, Nest, and more) also remain exceptionally strong.

Operating margins came in at 22% for the quarter, versus 27% a year ago and 24% last quarter. The pull-back in margins is largely a result of the ad landscape shift to mobile, which carries lower margins than desktop.

Source: Investor Place

https://investorplace.com/2018/04/q1-nu ... 240&num=01

[winston]

not vested

Mnuchin Urges Antitrust Probe of Tech After Google Report

Source: Tech Stock Sensei

http://techstocksensei.com/2018/05/goog ... st-report/

[winston]

not vested

Alphabet Inc (NASDAQ:GOOGL) shares are falling away from triple-top resistance near $1,200 setting up another test of the 200-day moving average which held in February, March, April, and May.

While the company is by far a software/web company, recent reports of efforts to sell its hardware in China exposes it to the deepening trade rift.

The company will next report results on July 23 after the close. Analysts are looking at earnings of $9.61 per share on revenues of $32.3 billion.

When the company last reported on April 23, earnings of $9.93 per share beat estimates by 65 cents on a 25.8% rise in revenue

Source: Investor Place

[winston]

not vested

Stocks to Buy: Alphabet (GOOGL)

Even internet king Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has not escaped the current market jitters. GOOGL is currently trading lower (3.9% down in the last week). This is despite numerous bullish analyst calls.

For example, five-star Monness analyst Brian White recently reiterated his GOOGL Buy rating. This comes with a $1,306 price target (15% upside potential).

White reminds investors that the three “Big Bet” areas for Alphabet include YouTube, Google Cloud and hardware. In May, for example, YouTube highlighted that over 1.8 billion logged-in users watched YouTube content each month. And now YouTube has received a powerful upgrade.

Google’s latest innovation is a new YouTube music streaming service. This should “further … [expand] the capabilities and reach of the YouTube franchise,” cheers White. “For Alphabet, we believe this new service will improve the company’s digital ecosystem and the stock is attractive at just 18x our CY:19 EPS projection (ex-cash).”

The ad-supported version of YouTube Music will be free while YouTube Music Premium (i.e., ad-free, the ability to download, background listening, etc.) will cost $9.99 per month. Moreover, Google Play Music subscribers ($9.99 a month also) will also receive YouTube Music Premium as part of their current package. So far, the initial launch encompasses U.S., Australia, New Zealand, Mexico and South Korea.

GOOGL scores a Strong Buy analyst consensus rating. In the last three months this breaks down into 22 buy ratings vs. just three hold ratings. Meanwhile, the $1,261 average analyst price target works out at 11% upside from current levels.

Source: Investor Place

[winston]

not vested

The European Union is set to announce a record fine of 4.3 billion euros ($5 billion) for Google over apps for Android mobile devices.

The antitrust penalty would bring the running total of EU charges imposed on the company to 6.7 billion euros.

Competition Commissioner Margrethe Vestager is due to give a press conference at 8:00 a.m. Eastern Time announcing the decision.

Source: Bloomberg

[winston]

not vested

#5. Alphabet
Price target: $1,350
Upside potential: 14%

Analyst commentary: "Positives include secular shift of offline to online marketing, dominant positions in search, video, and display ad industries, as well as "call-option" potential on GCP and other bets;

We do not see any specific catalysts to point to in the near-term, so investors will have to rely on periodic upward estimate revisions to drive the stock."

TheStreet's quick take: Alphabet has had some problems in recent quarters expanding its profit margins amid investments in people and Waymo.

Here's what TheStreet's tech columnist Eric Jhonsa thinks investors need to focus on right now on Alphabet.
https://www.thestreet.com/investing/goo ... h-14657704

Source: The Street

[winston]

Google reported to launch censored search engine in China, marking shift in strategy

The US internet giant’s modified search app will blacklist sites on human rights, democracy, religion and other issues deemed sensitive by the Chinese government

Baidu currently has almost 70& market share.

With a population of 1.4 billion people, China is home to 772 million internet users, the biggest online community in the world.

Source: SCMP

https://www.scmp.com/tech/china-tech/ar ... king-shift