GOOGL

Forget Uber stock, Alphabet’s (GOOGL) autonomous ride-share company Waymo is the force to be reckoned with in ride-sharing.

Alphabet’s (GOOGL) YouTube has grown into being a networks of sorts. Imagine when it gets movies and sporting events.

Alphabet (GOOGL) is down around 15% from its highs, which is OK as the stock market’s down. But what I don’t like is profit estimates.

Google (GOOGL) is planning to re–enter China with a search engine — and cloud computing — that will comply with Chinese authorities.

I expect shares of Alphabet (GOOGL) to be hitting new highs shortly — and eventually going to $1200 per share. Here’s my reasons why.

Facebook’s under pressure for selling user data, and companies are reacting by pulling ads from that site, which is good news for Google (GOOGL).

Alphabet (GOOGL) has revenue growth accelerate to 24% last qtr — the best qtr in years. Now I feel this stock’s P/E could rise to 30, which could mean a $1500 stock sometime in 2019.

For the second time in the past year Alphabet’s (GOOGL) profit estimates got slashed. GOOGL was expected to make $40 in profits this year, now it’s looking like $30.

Alphabet (GOOGL) has shot past my Fair Value as it rose from $850 to $1000 during the last qtr. Now with the P/E at 29, the stock’s over my Fair Value.

Alphabet’s (GOOGL) profit estimates just got slashed, now negative profit growth is expected the next 3 qtrs. Why? Business is good? Let’s take a look.

Alphabet (GOOGL) has grown profits 21% per year the last decade, including 23% last qtr, yet has a P/E of just 19. It’s time Wall Street gave it the multiple it deserves.

Alphabet (GOOGL) just broke out as the Internet stocks continue to roll higher. Here’s my take on the world’s largest search engine.