I made an additional investment in GOOG stock, driven by strong fundamentals and positive analyst sentiment. On December 16, BMO Capital raised its price target from $340 to $343 while maintaining an “Outperform” rating, highlighting confidence in Google Cloud’s growth and long-term AI monetization. Insights from former AWS employees, including one with visibility into over $4.7B of annual cloud spending, reinforced the optimism. Following these checks, BMO raised Google Cloud growth estimates to 39–40%, up from 38%. This combination of robust cloud acceleration and AI potential supports further upside, making GOOG a compelling addition to my portfolio.
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- gleezy·12-24 23:49Spot on! Analyst boosts like this make GOOG a solid buy. Cloud growth looks ace! [看涨]LikeReport