πππLast week the markets went on a roller coaster ride with all members of the Magnificent 7 dropping. The worst hit was Nvidia which was down 14% for the week and Tesla dropped 13%.
$Alphabet(GOOG)$ $Alphabet(GOOGL)$
only dropped 2.9% and was the best performing member of the Magnificent 7. Among the Big Tech, I believe that Google is the best buy as it is the global leader in Search Engine with 92% of the market share. It is also very much into AI with Gemini Chatbot.
Wall Street Analysts are bullish on Google with a Strong Buy rating, Target price of USD 167.51, an upside potential of 7.5% according to Tipranks.
Google is up 11% year todate and in 2023, it has jumped 47%.
@TigerObserver @TigerStars
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