Google: What did you expect?

After the earnings call, it was reported that investors heaved a sigh of relief because search ads revenue were higher and topped expectations by 13%. This was much higher a year ago. Prices of the stock rose nearly 3% post market.

I'm no guru, but I was not surprised when the stock fell due to market fears. With the current market conditions and more importantly, the impending rate hike announcements, investors always feel jittery. While I would not venture to say that the prices will rise after this, I think there is a high chance that the market will be more confident after the announcement confirms the rate hike.

That being said, Google is a very good company and I don't think anyone would write it off, even if it's earnings fell far from estimates. We all know market conditions are bad (although investors are now more used to it). There is a high chance things will normalise and prices will rise.

This, my strategy is to continue to hold on to $Alphabet(GOOGL)$for now. I'm confident it will do well.


@TigerStars@MillionaireTiger@CaptainTiger

# 💰 Stocks to watch today?(23 Apr)

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  • Shan_shine
    ·2022-07-27
    Googling for answer now!
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  • Joker_Smile
    ·2022-07-27
    it will head up, sooner or later. [smile]
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  • BellaFaraday
    ·2022-07-27
    My sense is that the energy sector will have an opportunity in the coming weeks.
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  • BellaFaraday
    ·2022-07-27
    This year's investment is simply too difficult.
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  • Stylerz
    ·2022-07-27
    nice
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  • ShengSoon
    ·2022-07-27
    Ok
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  • ben88
    ·2022-07-27
    like.
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  • WKNg
    ·2022-07-27
    Ok
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  • SPOT_ON
    ·2022-07-27
    ok
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  • JamesPang
    ·2022-07-27
    ok
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  • BossBoss
    ·2022-07-27
    😇
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  • Kenny1911
    ·2022-07-27
    like
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  • vic78
    ·2022-07-27
    , 👍
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  • hjmac85
    ·2022-07-27
    Ok
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  • hjmac85
    ·2022-07-27
    Ok
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  • Joashua
    ·2022-07-27
    ok
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  • Gregho
    ·2022-07-27
    👍
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  • jojoc
    ·2022-07-27
    ok
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  • hjmac85
    ·2022-07-27
    Ok
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  • JIAMU OWL
    ·2022-07-27
    k
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