GOOGL: Alphabet (GOOGL): Buy, Hold or Sell for July? – StockNews.com
Google-parent Alphabet Inc. (GOOGL) is one of the world’s most valuable companies. While the search engine is GOOGL’s flagship product, the company operates in various areas, including hardware, cloud computing, advertising, and software. Moreover, its recent technological advancements in the field of AI are attracting significant investor attention.
The stock is currently trading above its 50-day and 200-day moving averages of $117.34 and $101.87, respectively, indicating an uptrend. Considering GOOGL’s solid fundamentals and upward trajectory, it could be wise to buy this stock now.
With a $1.53 trillion market cap, GOOGL is a technology conglomerate holding company that became the parent company of Google and several former Google subsidiaries on October 2, 2015. The company operates through Google Services; Google Cloud; and Other Bets segments.
The tech company reported fiscal 2023 first-quarter results, exceeding analysts’ estimates. GOOGL’s revenue of $69.78 billion topped…
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source: https://news.oneseocompany.com/2023/07/04/googl-alphabet-googl-buy-hold-or-sell-for-july-stocknewscom_2023070447172.html
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