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

[winston]

not vested

Alphabet Inc (GOOG): Earnings Announced on Tuesday, April 26

Alphabet, Inc. disappointed Wall Street on Tuesday evening with first-quarter earnings and revenue that fell short of expectations.

Despite the strength of its advertising and cloud businesses, Alphabet reported earnings of $24.62 per share on $68.01 billion in revenue, which missed estimates for earnings of $25.94 per share and revenue of $68.07 billion.

Earnings have fallen 6.4% year-over-year from earnings of $26.29 per share in the same quarter a year prior.

Revenue grew 23%, up from revenue of $55.3 billion in the first-quarter 2021. This year’s first-quarter sales growth of 22% marked the company’s lowest growth rate since 2020. This time last year, the company reported 34% growth rate, as businesses’ ads targeted consumers stuck in their homes due to the pandemic.

Digging deeper into the report, Alphabet achieved a 14% increase in its YouTube advertising revenue.

The tech giant also noted that Google Cloud sales jumped 43% to $5.8 billion in the first quarter.

Source: Investor Place

[behappyalways]

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https://m.youtube.com/watch?v=amfzJwKQRLw

[winston]

not vested

This Tech-Market Leader is a Buy

by David Moadel

Alphabet’s trailing 12-month price-to-earnings ratio is quite reasonable, at just 21.

Alphabet announced that it will enact a 20-for-1 share split on July 15.

Alphabet’s upcoming share split “could theoretically result in it being added as a Dow Jones Industrial Average component.”

During 2022’s first quarter, Alphabet generated an eye-watering $68 billion in revenue, up 23% year over year.

Source: Investor Place

https://tradesoftheday.com/2022/06/10/t ... -is-a-buy/

[winston]

not vested

We Could Now Have An Incredible Opportunity With This Stock

by Bret Kenwell

First, Alphabet stock trades at just under 20 times this year’s earnings estimate (and last year’s earnings).

Second, free cash flow remains robust, with the company raking in ~$60 billion last year alone.

Third, the balance sheet is robust, with $134 billion in cash and short-term investments.

Source: Investor Place

https://dailytradealert.com/2022/06/18/ ... his-stock/

[winston]

not vested

Buy This Stock That’s in a Rally

by Chris Tyler

Source: Investor Place

https://tradesoftheday.com/2022/07/06/b ... n-a-rally/

[behappyalways]

Google To Slow Hiring "For The Rest Of Year" As "Sunnier Days" Come To An End
https://www.zerohedge.com/markets/googl ... s-come-end

[behappyalways]

REMOVING $GOOGL AS A TOP 5 PICK FOR 2022
https://www.danniles.com/articles/2022-07-13

[winston]

not vested

July 1, 2022

One FAANG Stock to Buy

by Shah Gilani

If you don’t already own it, take a shot and buy it here. If you already own it and you’re down, I’d consider buying more.

I think we’ve got a little bit of technical support around $2,100. It’s trading around $2,193 this morning. The lows are $2,040… So I think you can get down to test those lows again. That’s entirely possible in this market, but I would buy it and put a 10% stop on it.

Google can pop, but it’s going to take a while for it to get back up to its old highs.

As a long-term hold, I think it’s a great company. Its revenue is at $270 billion for the trailing 12 months. Its profit margins are at 27%. Its cash is $134 billion and its debt is a very manageable $28.6 billion. So, I like Google down here. Buy it, put a 10% stop on it, and don’t worry about it.

If you lose the 10%, it’s well worth it because if this market turns around in the back half of the year, which is possible, then Google will have a nice run up.

Source: Total Wealth

[winston]

not vested

Did Alphabet Split Its Stock?

Last week, Alphabet Inc. (NASDAQ:GOOGL) completed a 20-for-1 split that put its share price back at the $100 level for the first time since 2005 (soon after it made its Nasdaq debut at $50).

Alphabet’s split came at a time when the stock had already become 30% cheaper than its 2021 all-time high.

Although the company reported 22% operating profit growth in Q1, management offered a tepid outlook for the remainder of the year due to tough year-over-year comparisons and ongoing regulatory headwinds stemming from its dominant search position.

Fears of a recession have also brought concerns that digital ad spending could slow, crippling the business that Alphabet remains highly dependent on.

Analysts’ estimates for 2023 EPS imply roughly 20% growth.

The Google Cloud, machine learning, and data analytics, stand to become diversifying growth contributors in the years ahead.

Valuation (17x FY23 earnings)

Source: Market Beat

[winston]

not vested

Google-parent Alphabet’s profit slips as growth slows

Alphabet’s revenue in the latest quarter grew 13 per cent to US$69.7 billion.

Net income at Alphabet fell 13 per cent year-over-year to US$16 billion.

Source: AFP

https://www.businesstimes.com.sg/techno ... owth-slows