Where Will Google Stock Be In 10 Years? (NASDAQ:GOOG) – Seeking Alpha
Elevator Pitch
I assign a Buy rating to Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), a company which is also referred to as Google.
My earlier write-up for Google published on February 10, 2023 touched on the four key investment considerations relating to Alphabet, namely “competitive pressures, regulatory headwinds, historical results and valuations.”
In the current article, my focus is on Alphabet’s long term outlook considering the growth potential of AI. I upgrade my rating on Google from a Hold to a Buy, given that I expect Alphabet to be able to deliver a pretty decent level of top line growth for the next decade with AI-related tailwinds.
Alphabet Stock Key Metrics
The key metrics for Alphabet relate to the company’s costs, investments, and search advertising business.
With respect to expense optimization, Google announced earlier in an 8-K filing released on January 20, 2023 that it will cut its “workforce by approximately 12,000 roles”, or around 6% of its total number of…
The post Where Will Google Stock Be In 10 Years? (NASDAQ:GOOG) – Seeking Alpha first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/04/07/where-will-google-stock-be-in-10-years-nasdaqgoog-seeking-alpha_2023040743204.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.