-
Posted by
Two Blokes May 1 -
Filed in
Stock
-
1 view
Alphabet's stock is undervalued after a recent 16.3% drop, with strong growth in Google Cloud and Google Services justifying a 'strong buy' rating. Alphabet's revenue grew 12% year-over-year to $90.23 billion, driven by significant increases in Google Cloud, YouTube ads, and subscription services. Regulatory risks exist, but potential breakups could unlock shareholder value; Alphabet's new $70 billion share buyback program underscores management's confidence.
