MHh
09-07
I think there is a good chance for Google to reach $3trillion in 2025. Everyone is waiting for a possible 50 basis point cut in interest rate by the Fed and this will help boost Google. The biggest near term threat would be regulations which would impact it. I would take profit after September and rotate my funds to ETF such as plain old SPY. Afterall, the MAG7 contributes to the majority of the S&P500 and having a slightly more diversified ETF would be safer for me especially with the potential looming recession with the latest poor labour market hiring. Although alphabet has the lowest valuation among the mag7 now, it is reasonable as everyone has priced in future prospects for the various companies and comparatively, alphabet just does not seem to be able to generate a greater magnitude of returns than the others. So, I would prefer to take profit once the steam slows to get maximum gains.
Google All Time High! Eyes $3 Trln This Year?
The U.S. federal court has delivered a key victory for Google. The judge rejected the Department of Justice’s request to force the divestiture of the Chrome browser and Android operating system. This means Alphabet’s two most critical businesses are, for now, free from the risk of being broken up. Following the announcement, Alphabet’s stock surged more than 10%! ------- 1. Could Alphabet sprint to $3trln market cap this year? 2. Is Google your pick for long term holding? 3. Is it the most undervalued stock among Mag 7?
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