Alphabet Stock Tumbles: This Is A Buying Opportunity?

Seeking Alpha2023-10-25

Alphabet Inc. aka Google reported strong Q3 earnings, beating estimates and showing growth in ad revenue.Despite the positive results, Alphabet's shares dropped 6% in after-hours trading.The share ...

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Comments

  • Chilli Padi
    2023-10-25
    Chilli Padi
    There must be some reasons why Google slumped despite beating targets.  Due consideration should be given not only to Google  performance per se but that in comparison to its competitors in industry, especially to a variable that is placed of high importance like the cloud business. No doubt Google has increased 20% in this area but I think performance should be compared to its rival microsoft who also beat earnings estimate yet the share price increased post market as I think mainly due to its cloud businesss that jumped 29% in the quarter beating wall street estimate of 27%.
    • Chilli Padi: 
      Dont despair. Whichever way Mr Market bring us, there is always opportunity to make money-only that you must tailor your strategy to a “down” market. Goodluck to u & everyone too
    • WebbBart: 

      The whole market is an crash for weeks. The recession is there. If google after good earnings goes down 8 per cent, we gonna see bad weeks. Good Luck we all gonna lose money

  • Andrewinho
    2023-10-25
    Andrewinho
    Yes, great business!! 🤭🤭🤭 
  • TigerHulk
    2023-10-25
    TigerHulk
    Load more while the rest are offloading. This offer great opportunities to transfer the wealth from the impatience to the patience. 
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