$Alphabet(GOOG)$I think the recent declineis a good buying opportunity for Google. First geopolitical conflict will not affect it muchas Google's presence in Russia is limited given the censorship issues. Second, the increases in Fed rates would not affect Google much as it does not have significant amount ofdebts. Third, its revenue streams remain robust and it is investing in data centers which are expected to be a huge revenue source inthe future, especially given the forays by many companies into the metaverse etc. Theseendevours would ultimately demand the use of data centers. Lastly, its P/E ratio is not that high compared to other tech giants yet its fundamentals are stable. I will continue toDCA this stock despite the stock price decline as I believe in its fundamentals.
DYODD.
💰 Stocks to watch today?(23 Dec)
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