To The Moon

I had made an additional investment in Alphabet Inc. on 11 November 2024. My additional investment in Alphabet Inc. $Alphabet(GOOG)$  is driven by the company's consistent financial discipline and strategic positioning for future growth. Recently, Loop Capital raised its price target on GOOG to $185, citing Alphabet's prudent spending management and increased stock repurchase activity. This decision aligns well with my investment strategy, as it highlights Alphabet's commitment to enhancing shareholder value amid the current period of market uncertainty and valuation pressures.

Loop Capital’s investor note emphasized that while revenue growth acceleration, particularly from AI-driven search, may not materialize immediately, Alphabet’s focus on long-term stability remains promising. This outlook resonates with my confidence in the company's resilience and its potential to capitalize on AI advancements in the future. Even though immediate revenue catalysts from AI search aren’t yet evident, Alphabet's robust operational framework and disciplined financial approach are encouraging signs for investors looking for sustainable growth.

Alphabet's strategy of repurchasing shares during times of valuation pressure demonstrates management's confidence in the company’s intrinsic value and future prospects. This move not only supports the stock’s value but also signals a commitment to returning value to shareholders. As the company continues to leverage its strengths in AI, advertising, and cloud services, I believe Alphabet is well-positioned to deliver long-term returns, making it an ideal addition to my portfolio.

$Alphabet(GOOG)$