Alphabet | Fundamental Analysis | SHORT Alphabet, Google's parent company, has returned about 800% to its investors over the past 10 years, more than double the return of the NASDAQ, which was nearly 400%.
Alphabet also remained resilient during the COVID lockdown, as an increase in its cloud business compensated for a transient deceleration in ad sales. The company also avoided a post-localization slowdown as its advertising and cloud businesses increased in tandem. As a result, Alphabet's stock is up 65% in 2021, well ahead of the NASDAQ, S&P 500, and even the growth-oriented ARK Innovation ETF Cathie Wood.
Can Alphabet continue to achieve such heights, outperforming the market? To find out, let's evaluate the long-term potential of its core as well as nascent related businesses.
In the first nine months of last year, Alphabet made 81% of its revenue from Google ads (including YouTube). Google's sprawling ecosystem, which creates targeted ads based on a user's personal data and browsing habits, allows it to share a near duopoly in the digital advertising market with Meta's Facebook and Instagram.
But Google's market share could gradually shrink over the next few years as Amazon and other smaller ad platforms shrink the market. For instance, eMarketer predicts Google's share of the U.S. digital advertising market to decline from 28.6 percent in 2021 to 26.4 percent next year.
Nevertheless, the global digital advertising market could still grow at a compound annual growth rate (CAGR) of 15.3% from 2020 to 2025. The research firm also expects the market to continue growing at a CAGR of 13.7% from 2025 to 2030.
Thus, the growth of the broader digital advertising market, led by high-growth emerging markets, could easily offset any loss of market share to Google by other advertising platforms. Google's advertising business could easily match the rate of market growth if it takes care of its near-term headwinds, including antitrust investigations, Apple's privacy changes in iOS, and a plan to block all third-party cookies in Chrome by the end of 2023.
These adaptations could push Google to decrease its dependence on targeted ads and rely more on first-party data and contextual advertising. This transition may be bumpy, but Google is likely to remain the leading advertising platform for businesses as long as it dominates the online search and video markets.
The other major growth driver for Alphabet is Google Cloud, which brought in 7% of the company's revenue in the first nine months of 2021.
As per Canalys, Google Cloud controlled only 8% of the global cloud infrastructure market in Q3 of last year, putting it a distant third behind Amazon Web Services (AWS) (32%) and Microsoft Azure (21%).
Google Cloud is still growing rapidly. Its revenue grew 46% to $13.1 billion in 2020 and another 48% year over year to $13.7 billion in the first nine months of 2021. Its share of 8% in the third quarter also improved from 7% a year ago and 6% in the third quarter of 2019.
According to Report Ocean, the global cloud computing market will grow at a compound annual growth rate of 17.3% from 2021 to 2027. Google Cloud is likely to equal or even surpass that growth rate if it just doesn't fall behind Amazon and Microsoft in the cloud infrastructure race.
Investors are not currently paying much attention to Alphabet's other divisions, which include hardware products (Pixel, Home, Nest, and Fitbit), subscription services, life sciences divisions, and the Waymo drone division.
But over the next decade, these small businesses could start generating a much larger percentage of Alphabet's revenue. Its hardware devices could benefit from the continued expansion of the smart home and Internet of Things (IoT) markets, its Calico and Verily science divisions could launch innovative medical procedures and devices. Waymo could launch more robo taxis or license its unmanned driving technology to major automakers.
The estimates for these next-generation markets are staggering. According to experts, the global IoT market will grow by 25.4 percent from 2021 to 2028. The same company expects the driverless car market to grow 31.3% from 2021 to 2028.
If Alphabet's CAGR grows by 15% over the next ten years, annual growth will amount to an increase from $254 billion in 2021 to more than $1 trillion in 2031. This growth could be interrupted by antitrust threats, a platform change, or an economic downturn, but Alphabet still has a path to many times more profits over the next decade-even for those investors who missed its last 10-year growth.
Alphabet
Alphabet: Lower Prices Incoming? Google - Short Term - We look to Sell at 2782.42 (stop at 2865.00)
We look to sell rallies. Previous support level of 2800.00 broken. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. Closed below the 20-day EMA. We look to set shorts in the early trade.
Our profit targets will be 2624.41 and 2500.00
Resistance: 2800.00 / 2900.00 / 3000.00
Support: 2700.00 / 2600.00 / 2500.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Alphabet Inc completing a flat. GOOGLThis is one due for a bit more of a drop. It almost reached a pivot and we are pretty confident this one is going to cross the line. The rest of the picture is looking far too typical for a running floor.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Google: Lower Prices Incoming? Alphabet - Short Term - We look to Sell at 2807.00 (stop at 2861.00)
We look to sell rallies. Previous support level of 2800.00 broken. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 2800.00, resulting in improved risk/reward.
Our profit targets will be 2630.00 and 2460.00
Resistance: 2800.00 / 2900.00 / 3000.00
Support: 2700.00 / 2600.00 / 2500.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Third 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 them - why!?
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
ALPHABET ( GOOGLE ) FUNDAMENTAL + TRADING ANALYSIS | LONG SETUP⚡Shortly after becoming CEO of Alphabet in 2015, Sundar Pichai boldly stated that his vision was to become an AI-focused company. Alphabet's consistent investment in supporting long-term growth is seen in its strong financial accomplishments. Even though it competes with other tech giants such as Amazon, Microsoft, and Netflix, Alphabet's recent quarterly results suggest that it could well become the world's largest company by market capitalization, displacing Apple in the not-too-distant future.
Since the beginning of the year, Alphabet's stock has risen more than 67 percent, nearly triple the 24 percent gain in the S&P 500. Let's break down the financial numbers to see if these gains can continue.
In Q3 2021, Alphabet posted revenues of $65 billion, a 41% increase over last year. While this level of growth for a company of this size is terrific, more importantly, it's which business segments contributed the most to the company's results.
Alphabet's quarterly revenues were distributed as follows: Advertising ($53.1 billion), Other ($6.9 billion), and Google Cloud ($4.9 billion). According to the company's latest report, investors can see that YouTube brought $7.2 billion in advertising revenue this quarter. On an annualized basis, YouTube's revenue was $20.2 billion, up from $12.9 billion in the first nine months of 2020. That represents a 57% increase over last year.
By comparison, Netflix generated $7.5 billion in revenue in the third quarter of 2021 and $21.9 billion in revenue for the year. Comparing that figure to $18.4 billion in the first nine months of 2020, Netflix is up 19% year over year. YouTube's revenues are now $30 billion a year and growing almost three times faster than Netflix's. Given that Alphabet acquired YouTube for $1.65 billion in 2006, it has seen an unbelievable return on investment over the past fifteen years.
Google Cloud generated $4.9 billion in revenue in Q3 2021. On the other hand, Amazon's cloud product, AWS, generated $16 billion in revenue in Q3 2021. It's critical to consider that Google Cloud is almost a third smaller than AWS. Nevertheless, some companies, including Amazon, Microsoft, and Alphabet, are well-positioned to benefit from the growth of cloud adoption. Gartner believes that worldwide spending on public cloud services will grow from $243 billion in 2019 to $692 billion by 2025, a 16 percent compound annual growth rate (CAGR). Furthermore, large software companies like Snowflake typically count on more than one public cloud, giving Alphabet ample opportunity to obtain market share even with other players.
Among other things, artificial intelligence has been a major theme for big tech. Microsoft has an AI-focused venture capital fund, and it uses the technology to build apps in Azure and support interactions with Cortana. Amazon uses artificial intelligence in the form of its recommendation system, the robots that work in its warehouses, and its Alexa voice assistant. Apple and Netflix, on the other hand, lag behind the other FAANG members when it comes to AI. Notably, Netflix only offers one product (streaming), which does not give it much room to invest in new technology and distinguish itself among its peers.
Although competitors such as Microsoft and Amazon are now actively investing in AI, investors might say that Alphabet had a head start, and now other big tech companies are playing catch-up. Alphabet's original product, Google search, used AI in its algorithms. Moreover, Gmail's Suggested Answers feature uses AI. Like Alexa, Google Assistant relies on natural language processing to interpret voice commands. Alphabet also has its own version of Apple's app store, Google Play, and consumers can easily make online purchases of food or other goods. Alphabet's strategic investment has allowed it to effectively create and offer consumers an experience similar to what other tech giants offer, but all in one ecosystem. And now we're seeing the return on that investment in the form of high double-digit revenue growth and profit margins, putting Alphabet far ahead of its FAANG peers.
Amazon, Microsoft, Netflix, and Alphabet are all well-capitalized companies. These four invest heavily in different business segments and compete in overlapping industries. However, Alphabet's growth rate stands out among these FAANG club members. Microsoft's third-quarter revenues were up 22% year over year, and Amazon's was up 15%. Alphabet's revenues grew 41% year-over-year, nearly twice as much as Microsoft's and nearly three times as much as Amazon's.
Alphabet's investment in becoming an artificial intelligence company is bearing meaningful fruit, and as the world becomes more digital, several product lines and segments of Alphabet's business could benefit.
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
Axehedge Fund Strategy: AlphabetHi, axehedge is a hedge fund focused on US Equities, Asia equities (Ex-Japan, Ex-China) and crypto. Just here sharing our strategies as we're opening up access to our funds via our platform on https://axehedge dot com/.
Do check us out! We'll be uploading more strategies here in due course.
Thanks,
Axehedge Team.
GOOGL, still another 30% to be had!GOOGL is a mature stock and tends to be very respectful of fibs, previously it was able to run up to the 5.618 fib of the 2009 crash (pretty much to the dollar) prior to the COVID crash. Assuming a similar outcome GOOGL still has room to run up to $3937 before a correction back to its current levels around the 3.618 fib.
GOOG sold by ARK InvestOn October 20, ARKQ, part of the Ark invest fund lead be Cathie Wood sold 1,858 shares of GOOG, for a total value of 0.2031 of its portfolio.
Most of the time, when Ark starts a sell, it tends to continue it for multiple days.
Was this the top for Alphabet?
My price target is the 2700usd support.
I`m looking forward to read your opinion about it.
Elliott Wave View: Alphabet (GOOGL) Pullback Should Find SupportShort-term Elliott wave view in Alphabet (GOOGL) suggests the rally from October 04, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave IV low, with internal subdivision as 5 waves in lesser degree wave (1) ended at 2744.49 and pullback in wave (2) ended at 2688.00. Wave (3) continues higher building 5 swings more which ended at 2808.85 and pullback in wave (4) ended at 2775.00. The last push to complete wave (5) and the first swing up as wave ((1)) finished at 2814.24,
From here, GOOGL has started a pullback that should be the beginning of wave ((2)). Expect wave ((2)) dips to find support in 3, 7, or 11 swing before the rally resumes to continue developing the 5 waves impulse. In lesser degree wave (A) of ((2)) is building one more leg lower to complete it. Then we are calling a corrective structure as wave (B) that should fail for one more drop to complete an (A), (B) and (C) waves correction of wave ((2). Near term, as far as pivot at 2620.65 low stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
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.
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.
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.
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.
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
--------------------------------------------------------------------------------------------------------
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.
____________________________________________________
Google Short Positions big time frame (Daily + Monthly)Hi all
Google on a very high price and 10 different indicators that I use tell me it will go down from here
I use big stop loss so I can hold a sneak attack and take that big down move to the take profit.
I also see how sooner than later we will hear the Fed reduce his support or some other news that will help this and all markets to make some big down movement and let the market "back to normal" after.
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
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.
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.