Alphabet: Buying Opportunities Like This Don't Come Often

  • GOOGL remains a strong buy, trading at just 19x P/E despite robust growth in cloud, AI, and digital ads. Waymo, YouTube, and Cloud businesses alone could conservatively justify a $1.7T valuation, excluding core ads and other segments. AI and cloud momentum are strong, but regulatory, capex, and moonshot risks remain key watchpoints for investors.