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Goog

All articles tagged with #goog

finance1 year ago

Alphabet Inc. (GOOGL) Outperforms Market with Online Advertising Recovery

Alphabet Inc. (GOOG) stock advanced by 1.94% despite the market decline, outperforming the S&P 500. Investors are anticipating the company's upcoming earnings release, with projected year-over-year growth in earnings and revenue. Analysts are expecting positive changes in earnings and revenue for the full year. The Zacks Rank, currently at #3 (Hold), suggests potential stock price performance. Alphabet Inc. also shows a favorable valuation compared to the industry average. The Internet - Services industry, to which Alphabet Inc. belongs, currently ranks in the bottom 40% of all industries.

finance1 year ago

"Analyzing Alphabet Inc. (GOOG) Stock Performance and Abbott Laboratories (ABT) Trend"

Alphabet Inc. (GOOG) stock closed at $133.78, down 0.31% from the previous day, underperforming the S&P 500 and Nasdaq. The company's stock has dropped by 7.4% in the past month, and investors are awaiting its upcoming earnings release, with projected earnings of $1.49 per share and revenue of $65.95 billion. Analysts are closely monitoring any changes in estimates for the company, as positive revisions could indicate a favorable business outlook. Alphabet Inc. currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 19.81, indicating a discount compared to its industry. The Internet - Services industry, to which Alphabet Inc. belongs, ranks in the bottom 45% of all industries according to Zacks Industry Rank.

financestock-market1 year ago

"AI Warnings Impact Alphabet Stock as Google Plans Gemini AI Relaunch"

Alphabet's stock slides as Melius Research Analyst Ben Reitzes warns about the company's AI missteps, reiterating a Hold rating and expressing concerns about Google's reliability in artificial intelligence. Reitzes highlights the release of a problematic AI image generator and suggests alternatives to Google Search, raising questions about the company's position in the AI space compared to its peers.

finance2 years ago

Alphabet Inc. Stock Performance: Key Takeaways Amid Market Fluctuations

Alphabet Inc. (GOOG) stock closed at $133.20, down 0.57% from the previous day, while the S&P 500 gained 0.27%. Analysts are closely watching the upcoming earnings disclosure, with projected EPS of $1.60 and revenue of $70.64 billion. Recent revisions in analyst estimates reflect optimism about the company's business and profitability. Alphabet Inc. currently has a Zacks Rank of #3 (Hold) and is trading at a discount compared to its industry. The Internet - Services industry, to which Alphabet Inc. belongs, has a Zacks Industry Rank of 67, putting it in the top 27% of all industries.

business2 years ago

Unveiling the Factors Behind Alphabet's Outperformance and Underperformance

Alphabet Inc. (NASDAQ:GOOG) has outperformed the market in the third quarter of 2023, with strong earnings and performance across its divisions. The company saw stabilization of Search revenue growth, a return to growth for YouTube, and expanded profitability for Google Cloud. Alphabet's high-margin business model, strength in core franchises, and emerging profitability in its Cloud business position it as one of the best secular growth franchises in the market. With a compelling valuation and discount to the Russell 1000 Growth Index, Alphabet remains an attractive investment opportunity.