GOOG
💰 Alphabet is considered the cheapest among the Magnificent Seven in terms of valuation multiples.
☁️ The company has a diversified business portfolio, including its search engine, cloud services, and YouTube.
✅ Alphabet boasts a robust balance sheet with over $100 billion in net cash.
📈 There is potential for increased stock buybacks or the introduction of dividends in the future.
@rankia:
“Alphabet appears again among Barron’s favorites. Despite regulatory pressures and competition in AI, Google maintains a broad range of businesses. These range from its core search engine and online advertising, which still generate significant revenue, to cloud services and YouTube. Its other ventures, like Waymo, provide tremendous internal diversification. Adding to this is a robust balance sheet with over $100 billion in net cash and the possibility of expanding stock buybacks or even introducing dividends in the future. Barron’s believes that market fears are already reflected in the current price, and the company could reach new heights if it demonstrates its strength against AI competition and better monetizes its ecosystem.”
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Read more articles by the world’s top 100 analysts on Alphabet (GOOG) at the following link. GOOG stock.