Google is a Buy again? Read & decide.
@JC888:
$Alphabet(GOOGL)$ I am bullish about Google all over again. It will continue to recover lost ground this week as Market remains jittery about March’s FOMC meeting in 2 days time. Based off the Marketwatch post by Philip van Doorn on 11 Mar 2024, titled “Alphabet is the bargain stock among the ‘Magnificent Seven”, the writer has laid down his viewpoints. Sorted by market cap - Google is ranked 5th. Price Earning Ratio (P/E). Using the most commonly cited forward price-to-earnings ratio (P/E) to determine the each Magnificent 7’s valuation - another interesting layer is revealed. (see below) Formula : Current price of a stock / Average earnings estimate for the next 12 mo