N30
05-23

$Alphabet(GOOGL)$  $Alphabet(GOOG)$  Is Google a buy? Here's why you should consider:

(1) Dominant market share in search: Google maintains a staggering 92% market share in search, according to Statcounter. This translates to significant and recurring revenue for Google. As the digital advertising market continues to grow, Google's strong position in search ensures it will remain a major player.

(2) Strong growth potential in cloud computing: Google Cloud is rapidly growing and capturing market share from competitors like Amazon Web Services and Microsoft Azure. This segment has the potential to be a major driver of future growth for Alphabet.

(3) AI innovation: Alphabet is a leader in artificial intelligence (AI) research and development. AI has the potential to revolutionize many aspects of Google's business, from search and advertising to cloud computing and self-driving cars.

(4) Healthy financials: Alphabet boasts a strong balance sheet with a large cash pile. This financial strength allows the company to invest in growth initiatives and weather economic downturns.

(5) Positive analyst sentiment: Many analysts have buy ratings on GOOGLE stock, with a price target that suggests significant upside potential.

In conclusion, Google's dominant market share in search, strong growth in cloud computing, continued Al innovation, healthy financials, and positive analyst sentiment all point to a bright future for the company. While there are always risks involved in investing, Google's potential for long-term growth is undeniable.

@Daily_Discussion  @TigerEvents  @黑豹钻石拳    

💰 Stocks to watch today?(15 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
5
8