November 21, 2022  SEONews
Back

Google Stock: Why I’m All In (NASDAQ:GOOG) – Seeking Alpha

Summary

  • The company is now trading at the cheapest valuation based on P/E since 2018.
  • Google Cloud’s lack of profitability could be an opportunity for investors.
  • YouTube Premium could be big for the company as it opens ways for the company to expand to new markets like the one in which Spotify operates.
  • The company is now generating billions of free cash flow and the reinvestment possibilities are limited.
  • I consider Google stock to be an opportunity of a lifetime and I rate it as a strong buy.

Investment Thesis

Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) has lost almost a third of its value YTD and the stock price keeps dipping. However, the fact that the company is trading at the cheapest valuation based on P/E since 2018 has made a lot of investors wonder if it is now time to start a position in the company.

Whenever investors hear about mega-cap companies like Microsoft (MSFT) or Google, for example, they tend to believe that it is impossible for these companies to yield 15%-20% on…

Read Full Story: https://news.google.com/__i/rss/rd/articles/CBMiPWh0dHBzOi8vc2Vla2luZ2FscGhhLmNvbS9hcnRpY2xlLzQ1NTk2NDAtZ29vZ2xlLXdoeS1pbS1hbGwtaW7SAQA?oc=5

The post Google Stock: Why I’m All In (NASDAQ:GOOG) – Seeking Alpha first appeared on SEO, Marketing and Social News | OneSEOCompany.com.



source: https://news.oneseocompany.com/2022/11/21/google-stock-why-im-all-in-nasdaqgoog-seeking-alpha_2022112136206.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.