$Alphabet(GOOG)$ $Alphabet(GOOGL)$ Google's stock price will be weighed down as long as the monopoly case continues and will not be able to gain until the court case is over (and only if Google wins). There is a reason Google is so cheap and amazing earnings didn't make them fly as much as it seems they should. Hedge funds, big investors tend to stay away from companies with significant legal challenges being adjudicated. With robust projections for its core and ancillary businesses and a valuation below peers, GOOG is positioned to deliver attractive returns for growth-focused investors.
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