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Alphabet

GOOGLE Alphabet | Fundamental Analysis + NEXT TARGET Alphabet, the parent company of Google, is one of the largest technology businesses in the world. If you had invested $1,000 in the company's IPO back then, your investment would be worth about $63,500 today. That's great news for early investors, but those who don't already own Alphabet may wonder if it's too late to buy stock in this FAANG company. Today we'll look at a few convincing judgments to buy Alphabet, as well as one reason to sell it, to see if it's still a good long-term investment. First, the company is a powerful energy in online advertising. Alphabet's expansive ecosystem includes the world's most popular search engine, a mobile operating system (Android), a streaming video site (YouTube), a Web browser (Chrome), and an e-mail platform (Gmail). All of these platforms support Google's core advertising business, which sells search, display, and video ads on all of its platforms. According to eMarketer, Google is likely to account for 28.6 percent of all digital ad spending worldwide this year, putting it in the first place, ahead of Facebook's 25.2 percent. All of Google's smaller competitors and Facebook - such as Alibaba, Amazon, and Tencent Holdings - still hold single-digit shares of the digital advertising market. So any business looking to advertise online is likely to visit Google and Facebook before considering other platforms. Last year, Alphabet's ad revenue from Google grew 9% to $146.9 billion, or 80% of the company's total revenue, even though the pandemic caused businesses to buy fewer ads. In the first half of 2021, Google's ad revenue grew 50% year over year to $95.1 billion as the negative factors associated with the pandemic subsided. Second is the growth of Google Cloud. Google's advertising business slowed temporarily in 2020, but Google Cloud revenue grew 46% to $13.1 billion as cloud usage accelerated during the pandemic. In the first half of 2021, segment revenues grew another 50% year over year to $8.7 billion. Google Cloud is not yet profitable, according to Canalys, and it still ranks a distant third in the cloud infrastructure market behind Amazon Web Services (AWS) and Microsoft Azure. But Google Cloud continues to expand and win over an expanding listing of major partners, including Target, Home Depot, Twitter, and PayPal. Many of these customers probably don't want to support Amazon's most profitable business (as they compete with its retail business) or tie themselves to other Microsoft enterprise services. Google Cloud's profitability should expand as it improves, but until then it can subsidize its growth with its more profitable advertising business. According to Research and Markets, the global cloud computing market will grow at a compound annual growth rate (CAGR) of 19.1 percent from 2021 to 2028, so Google's cloud business could grow faster than its core advertising business for the foreseeable future. Third, it's a reasonable valuation of the company. Analysts expect Alphabet's revenues and profits to grow 37% and 72%, respectively, this year, amid an easy comparison to the impact of the pandemic on the advertising business. Next year, they expect revenues and profits to grow 17% and 5%, respectively, as comparisons with last year normalize. Based on these expectations, Alphabet is trading at 26 times earnings guidance and 7 times sales guidance, making it more reasonably valued than many of the more "bloated" growth stocks in the tech sector. But there is still one cause for concern: antitrust risks. Alphabet's core businesses look strong, but a series of antitrust battles could undermine its growth. Last October, the U.S. Department of Justice filed an antitrust suit against Google for allegedly monopolizing the online search and search-based advertising market, and is reportedly preparing to file a second antitrust suit to address Google's dominance in certain advertising technologies. Two separate coalitions of states have also filed their lawsuits against Google over its search and advertising business. The European Commission previously investigated Google Shopping, Google AdSense, and Android, after which it accused Google of using these platforms to drive competitors out of their respective markets. These antitrust investigations led to three separate fines totaling more than $8 billion and forced Google to stop bundling its third-party apps with new Android devices in Europe. If the DOJ case follows a similar path, Google could face even more fines and demands to unbundle its ecosystem. Google also bears additional antitrust encounters in Australia, India, and South Korea, and more countries may join the process. All of these pressures could prevent investors from paying a higher premium for Alphabet stock. Alphabet's antitrust problems can't be ignored, but they don't negate its strengths just yet. Alphabet will likely continue to grow, even if fines and new restrictions get in its way. In a worst-case scenario, Alphabet could be split into several smaller companies. Nevertheless, Alphabet investors would likely get new shares of these smaller companies that could continue to grow on their own without being tied to Google's sprawling ecosystem.
NASDAQ:GOOGLLong
by FOREXN1
3
Google, 1 OCT - Elliott waves | Gann | Astrology $GOOGAlphabet approaches Gann level 2651 and we can count 5 waves to the downside (green count). The 20 week MA (red) is located below at 2630. An idea would be to reduce short exposure on Gann level and further observe if buyers step in. Ascendent conjuncts natal Mercury today, however it stands in trine to natal North Node. Mars squares natal Venus on 2 OCT. Overall rather mixes signals. Alphabet’s Waymo received a license to offer self-driving rides in California, an important development for the company. Until 8 OCT the Irish govt. is to decide on joining OECD corporate tax proposals, which may impact Alphabet’s margins so that we need to be careful with long positions. ______________ www.constellations.trade In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range. Open an account here if you'd like to support my work: TastyTrade America's best Options, Futures and Crypto broker start.tastyworks.com Deribit The world's most liquid Bitcoin options platform www.deribit.com Binance 10% off trading fees with this link: accounts.binance.me These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice: STO = sell to open BTC = buy to close BTO = buy to open STC = sell to close TD = Theta Decay (for example a strangle or iron condor) Disclaimer: The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
NASDAQ:GOOGLong
by UnknownUnicorn12250317
Google, 29 SEP - Elliott waves | Gann | Astrology $GOOGAlphabet hit resistance at Gann level 2861 and began to lead the market in yesterday’s selloff. As expected from the Nasdaq analysis we can recognise an unfolding wave (c), which is reflected in GOOG as well. If the green count is accurate, GOOG may have completed wave iii, so that we can look for a potential wave iv with a retrace to the .382 Fib level (blue box). Waves 4 are hard to trade but due to their choppiness we may profit from a brief contraction of implied volatility when selling premium. If wave C continues to unfold we may look at the next levels for potential supports: - 2699, wave (a)=(c) equality - 2651 Gann level - 2549 and 2559, Gann level & 1.618 Fib level On 29 SEP three minor Mars/Moon constellations occur. Correlations: DXY continues its exceptional strength as yield spiked, but Gold and Bitcoin has started to rise again, which could potentially be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector. ______________ www.constellations.trade In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range. Open an account here if you'd like to support my work: TastyTrade America's best Options, Futures and Crypto broker start.tastyworks.com Deribit The world's most liquid Bitcoin options platform www.deribit.com Binance 10% off trading fees with this link: accounts.binance.me These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice: STO = sell to open BTC = buy to close BTO = buy to open STC = sell to close TD = Theta Decay (for example a strangle or iron condor) Disclaimer: The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
NASDAQ:GOOG
by UnknownUnicorn12250317
ALPHABET Inc. ( Google ) - Fundamental Analysis - Next target Investors are probably already familiar with FAANG stock, having seen how these five companies - Facebook, Amazon, Apple, Netflix, and Alphabet - led the Nasdaq Index to all-time highs over the past decade. The importance of these five tech companies cannot be exaggerated, and even through the pandemic, the FAANG five contributed to the tech index reaching new all-time highs. But if there is one among these five companies whose stock is worth thinking about buying today, it is Alphabet. Originally known as Google, or the "G" in the FAANG acronym, the company altered its name six years ago to show it was far from a conventional business. Even though Google is still a major part of Alphabet, the company is made up of many diverse businesses that explore various technologies and industries. All of the above, as well as the fact that Alphabet's performance is excellent, is a good reason not to hesitate to buy shares in this Internet giant. Alphabet's financial results are impressive, which illustrates why the company's stock has nearly doubled in the last year alone. Revenue was $90.3 billion in 2016 and more than doubled to $182.5 billion by 2020, while net income rose from $19.5 billion to $40.3 billion in the same period. What's more, capital spending has remained fairly constant even as operating cash flow has increased, resulting in the company's free cash flow growth over the past few years. The company has shown that it can still grow quickly, with revenues in the second quarter of fiscal 2021 up 62% year over year. Increased technology adoption and digitalization have been important contributing factors to this growth, but Alphabet was already on a consecutive growth path before the pandemic began. Net income for the quarter more than doubled from the previous year to $18.5 billion, and the company's semiannual net income of $36.5 billion already exceeded net income for all of 2019. The great thing about Alphabet is not just its financial performance, but how the company is committed to improving everyone's lives in so many ways. The pandemic showed just how innovative the company has been, as Google teams launched more than 200 new products and features. Google Maps added a COVID-19 layer displaying case information to help people plan their routes, and Google Meet, the company's video conferencing software, became free to anyone with a Gmail account. CEO Sundar Pichai suggested a look at new products and systems during the company's latest earnings conference call. A new artificial intelligence system called Lambda with natural communication features will help make communication and computing more accessible to everyone. The upcoming 12th version of Android is designed to improve speed and energy efficiency as well as personalize devices. YouTube Shorts, a short video format similar to the popular TikTok, has been introduced in more than 100 countries and has garnered more than 15 billion daily views. Alphabet is also investing $10 billion over the next five years to strengthen cybersecurity, as it is now a critical area for many companies and governments. Don't forget that the tech giant also has a division called Other Bets, which is making ambitious investments in new technologies such as self-driving cars and data analytics in healthcare. This is just a snapshot of the loudest headlines in recent weeks about Alphabet's activities. It would take an entire book to cover everything. Alphabet's culture is based on "moonshots" that help the company develop related or new technologies and turn them into mature, thriving businesses. In fact, the company is not interested in making only incremental changes to its products and services, but rather in seeking revolutionary changes that can take technology to the next level. Thus, the company does not shy away from risky projects and encourages a culture of innovation that can lead to the discovery of disruptive technologies that can secure the future. That is what makes the future so exciting for the investor in Alphabet. The great news is that the company still has a long growth streak in store. Digital ad spending, which last year accounted for nearly 29 percent of the U.S. market share of Google, is up 12.2 percent year over year in 2020 and shows signs of continuing growth. Alphabet continues to invest in new technology and is steadily enhancing its cloud services, search engine, and other features. Given that the pandemic is a tailwind for technology adoption, investors should be confident that the company can continue to deliver results. The company's stock is relatively inexpensive, it trades at 26 times forward earnings, and the company will likely be able to deliver solid revenue and net income growth for years to come.
NASDAQ:GOOGLLong
by FOREXN1
2
GOOGLE First buy signal within the Channel Up.Pattern: Channel Up on 1D. Signal: Buy (1/2 position) as the price hit and rebounded on the 4H MA50 (red trend-line). Second buy on the 1D MA50 (blue trend-line). This buy pattern has been holding for the majority of 2021. Target: 3000 (just over the 1.5 Fibonacci extension, which is the extension target on all MA50 bounces). Most recent Google signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
NASDAQ:GOOGLong
by TradingShot
Google Shares Can Fall From Parabolic MoveTraders, Google (Alphabet) had one the best runs since covid-19 crash last year. The move has just been nothing short of the best parabolic one in any stock in recent times. However it may be about to change. For the first time, Google price action has started to show sign of a correction. And we know that when a parabolic moves corrects it usually is a quick one too. 😃 Both charts and algos are telling the same story. So this is something I will be watching next week as it may start a new domino effect and lead us into a great profitable short opportunities. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
NASDAQ:GOOGShort
by vikinsa
5
Second Series of STOCKS Buying Areas!Hi followers and other TradingView users, To discover new and exciting stocks for you, for me, for everyone then please name five stocks that interest you and describe why they interest you. So, I would like to know FIVE of your favorite stocks, criteria to get your mentioned stocks into the list: 1) Name FIVE of your favorite stocks - full name and ticker. For example, Apple ( AAPL ), Tesla ( TSLA )...or just ticker, the ticker is a must-have! 2) Hit the "like" button of this post. 3) Hit the "follow" the get the update as fast as possible. TOP10* most mentioned stocks get analyzed. My technical analysis will point out some possible breakout opportunities to buy the strength and corrections to watch - pointing out some lower levels where your alerts should be set! * if it is not possible to identify logical buying areas from the graph, then I choose the ones (from the list) that have them. Stay healthy, Vaido
NASDAQ:TSLA
by VaidoVeek
26
Googl Short IdeaEarlier we have seen a very good uptrend from the bullish rectangle forming a rising wedge pattern. Stay long as long as price stays inside the channel. Short on breakdown from channel for the given targets. Also target areas can act as support and be possible reversal zones. Follow future price action. Target = Blue horizontal ray Green arrow = Long idea Red arrow = Short Idea. Kindly do your own research and enter. Also if we see consolidation in the next few days below the channel then we have to update the pattern.
NASDAQ:GOOGLShort
by Ankit_Rathi
ALFHABET/GOOGLE:FUNDAMENTAL ANALISYS|PRICEA ACTION|LONG SETUP 🔔Praise be to Alphabet for looking beyond search engines and search-based advertising for opportunities. YouTube and its cloud computing services division have been hugely successful, providing at least some of the company's share gains in recent years. These businesses have also smoothed out potential fluctuations in revenue from one quarter to the next. For reference, however, the company's largest revenue-generating business is still search by a wide margin. Both Alphabet and its investors need to make sure that this area remains a focus, even as the company expands into other areas. Don't get it wrong: YouTube and Google Cloud are out of the picture. For the quarter ending in March, ad revenue on the former jumped 48% year over year as the platform became an unexpected destination for entertainment-hungry consumers during the pandemic. As it turns out, people like access to a universe of video content in a short format. Google's cloud revenues rose 46 percent in the same quarter as corporations resumed their transition to more flexible storage and computing format. Search advertising revenue grew only 30 percent year-over-year in those three months. However, we shouldn't forget about the outlook. Search still accounts for just over 58% of Alphabet's revenue, down only slightly from the first quarter of 2020. There are a few additional notes to the discussion. Let's take traffic acquisition costs as an example. Google incurs the cost of directing people who use the Internet to its affiliate sites, where those users are then monetized in various ways. The company can adjust its advertising revenue to some extent by spending more or less on web traffic. However, traffic acquisition costs (TAC) are not constant as a percentage of search and related service revenue. Last quarter, the TAC level reached $9.7 billion, or 19% of Google Services revenue, up from 22% in the same quarter a year earlier. Sometimes, however, those costs can take a turn for the worse. The main notable note, however, is the fact that while Alphabet publishes a detailed breakdown of revenue, it does not provide the same breakdown for operating income. All we know for sure is that Google Services - which includes search, YouTube, Android, and apps - is profitable, while the company's cloud business and "other areas" continue to lose money. The good news is that the company's losses from its cloud business are clearly shrinking. At the current rate of progress, Google Cloud could even go from losses to profits within a year or so. The bad news is that while we don't know for sure if YouTube is a profitable venture if it is, it is unlikely to be wildly profitable. Analysts and industry insiders disagree on YouTube's profitability, and their collective consensus broadly suggests that the company's operations are close to break even, though the average has a large standard deviation. Even if YouTube is indeed profitable, its revenue is still less than 14 percent of Google Services' revenue and less than 11 percent of Alphabet's total revenue. Indeed, if every bit of YouTube's revenue converted to profit (which it doesn't - not even close to), it would still be a minority of Alphabet's total revenue. In other words, it doesn't make a difference. Many investors are surprised to learn how little impact YouTube and Google Cloud have on Alphabet's financial results. That's the point of summarizing this reality in the simple charts above. And frankly, while both operating units are relatively small right now, they are both growing well and much faster than the company's traditional search advertising business. However, if you are a shareholder, this visual analysis also shows the importance of Alphabet's core business. Profits from search and advertising have helped fund YouTube's expansion toward self-sufficiency, and it's still funding the creation of Alphabet's cloud computing division. Investors will need more proof that the time, resources, and innovation invested in the cloud segment of the company's business are indeed driving profits if Alphabet wants to remain as much of a cash generator as it is now.
NASDAQ:GOOGLLong
by FOREXN1
6
Alphabet Overbought on Hourly AHead of QuarterliesGoogle is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic is above 80 level and maintenance here (blue arrow) increases the chance of a successful trade. However, the RSI is overbought (blue shaded area) and a pullback may give a better risk-adjusted entry, as the oscillator normalises. Trend following indicators may be useful in this case as a potential exit tool. Stop under hourly support in conjunction with risk management techniques. Revenue is expected to be $55.95bn ($38.3 bn) and EPS is forecast at $19.19 ($10.13).
NASDAQ:GOOGLLong
by FXCM
3
Google long seeking TP 🎯Just before New York session open I wanted to share a google trade idea. Currently been in this trade since the 16th of June. I am using our reversal strategy that is still in the early stages of development. Using customised RSI values specific to the instrument is the main feature for identifying trades. Only just started using this strategy for stocks. Entry details are shown on the chart. Green line is take profit. Pink line is stop loss. Trade history can be seen below this trade idea too for full transparency. The back test for this stock is very solid in my opinion. Any feed back from fellow stock traders hit the comment box below. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
NASDAQ:GOOGLLong
by pow_removetheguesswork
Elliott Wave View: Impulsive Rally in GOOGL (Alphabet)Short term Elliott Wave view suggests Alphabet (GOOGL) ended wave 4 pullback at 2191. The stock has since turned higher but still needs to break above previous wave 3 peak on April 28, 2021 peak at 2431.38 to rule out a double correction. Internal subdivision of wave 4 unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 2256.68 and bounce in wave ((x)) ended at 2373.89. Final leg lower wave ((y)) of 4 ended at 2191. Up from wave 4 low, wave (i) ended at 2236.78 and pullback in wave (ii) ended at 2206.72. The stock resumes higher in wave (iii) towards 2284.72 and pullback in wave (iv) ended at 2255.51. Final leg higher wave (v) of ((i)) ended at 2307.68. Correction in wave ((ii)) is proposed complete at 2223.38. Stock extends higher in wave ((iii)) as another impulse in lesser degree. Up from wave ((ii)) low, wave (i) ended at 2321 and dips in wave (ii) ended at 2289.30. Wave (iii) ended at 2384, wave (iv) ended at 2355, and final wave (v) higher ended at 2390 which completes wave ((iii)). Wave ((iv)) pullback is currently in progress to correct cycle from May 19 low before the rally resumes. Near term, as far as May 19 low pivot at 2223.38 stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
NASDAQ:GOOGL
by Elliottwave-Forecast
US Stock In Play: $GOOGL (Alphabet Inc)$GOOGL successfully attained its projected $2,350 target that was previously highlighted early this month, closing at $2,415 post market hours. This equates to an accumulated return of +14.44% in 19 trading days, since the breakout of its consolidated triangle chart pattern. With existing implied volatility of $GOOGL remains below the $70/day ATR prior to the triangle formation, it is plausible for further momentous price volatility in the stock as we enter into the month of May. $GOOGL provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments.
NASDAQ:GOOGLLong
by jfsrevg
Looking for a longterm investmentThe course of the technology giants has risen enormously. Do not worry there are still opportunities. The profit of the company has grown along. Alphabet, the company behind Google, seems to be on the expensive side with a price to earnings ratio of 35.15. However, this is bad at all when we look at all the investments made. Alphabet appears to be quite far with self-driving cars and also invests heavily in cloud services. This is still at the expense of profit, but does offer enormous potential. The same goes for Maps and YouTube. The well-known video site is only now really starting to show its potential and despite the enormous potential, Google Maps is still hardly being earned. Core businesses generated an increase of 18% in profit. However, costs of new investments also increased. With a current market value of $ 1.422 billion, the underlying price earnings ratio is not expensive for a debt-free company, with an enormously strong market position and a lot of growth potential. And remember, when in doubt, zoom out! Looking at the chart, the stock is in a upwards position and taken into account the new developments, this will not change, especially not on long term.
NASDAQ:GOOGLong
by Sharona_vf