US STOCKS-Wall St Rallies to Close Out Soft Week After Jobs Report
Data shows strong jobs growth, uptick in jobless rateStarbucks, DoorDash jump on upbeat resultsU.S-listed China firms rise on reopening hopesDow up 1.26%, S&P 500 up 1.36%, Nasdaq up 1.28%U.S. stocks
I just purchased some Alphabet stock. Is a good deal.
Alphabet Stock: Stop Demanding Perfection and Look at the Value
Probably not, and many traders would have jumped at the chance to buy GOOGL stock at such a valuation. Yet, here we are, and people are afraid to accept this gift from Wall Street.Again, the culprit is overblown expectations. During 2022’s third quarter, Alphabet’s revenue grew “only” 6% year-over-year. In the year-earlier quarter, the company’s revenue increased a whopping 41% year-over-year.Financial traders shouldn’t have assumed th