$Alphabet(GOOG)$ I’ve made an additional investment in GOOG stock, driven by strong confidence in its cloud and AI growth trajectory. On December 16, BMO Capital raised its price target to $343 from $340, maintaining an “Outperform” rating. Their optimism follows expert checks with former AWS employees, including one with direct insight into over $4.7B of annual cloud spending. These insights prompted BMO to revise Google Cloud’s growth estimates to 39–40%, up from 38%. With cloud acceleration and AI monetization on the rise, GOOG remains well-positioned for long-term growth, making this an opportune time to increase exposure.
| Side | Price | Filled | Realized P&L |
|---|
| Buy Open | 314.64 0 | +0.31% Holding |
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