Google , follow up with the fantastic fundamentals great value!
Updated
Hi friends next we would look into Alphabet Inc. (GOOG)
Great fundamentals supporting the idea, outside of the technical view
1. Strong Financials: Q3 revenue grew 15% YoY to 88.3B, exceeding analyst expectations. EPS also beat forecasts.Their current AD revenue, and data base center revenue has been outstanding hence giving a positive outlook on the share's price
2. AI Integration: Generative AI is now embedded across services, with search AI reaching over a billion users.Gemini AI project has been outstanding and it has a strong overhand over compettitors involving in AI
3. Waymo Expansion: Waymo, Alphabet's autonomous car unit, plans to extend ride-hailing to Miami by 2026.
These developments have boosted investor confidence, with analysts raising price targets and maintaining bullish outlooks.
Entry : On Market Open - 174.69
Target 1 : 181.61$
Target 2 : 191.68$
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Great fundamentals supporting the idea, outside of the technical view
1. Strong Financials: Q3 revenue grew 15% YoY to 88.3B, exceeding analyst expectations. EPS also beat forecasts.Their current AD revenue, and data base center revenue has been outstanding hence giving a positive outlook on the share's price
2. AI Integration: Generative AI is now embedded across services, with search AI reaching over a billion users.Gemini AI project has been outstanding and it has a strong overhand over compettitors involving in AI
3. Waymo Expansion: Waymo, Alphabet's autonomous car unit, plans to extend ride-hailing to Miami by 2026.
These developments have boosted investor confidence, with analysts raising price targets and maintaining bullish outlooks.
Entry : On Market Open - 174.69
Target 1 : 181.61$
Target 2 : 191.68$
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Trade active
Target 1 has been reached! Congratulations to everyone who participated!
Results overviewed as follows:
10 shares - 105.60$ pending profit!
100 shares - 1056$ pending profit!
1,000 shares - 10,560$ pending profit!
We are extremely close to target 2, which can be reached even today!
P.S. News that was realeased by Google :
They unveiled WILLOW - a quantum chip surpassing supercomputers with breakthrough error correction!
We might need to revisit this opportunity after the 2nd target is reached.
Trade closed: target reached
Target : 2 has been reached successfully , congratulations to everyone who participated.
Total value caught from this analysis 16.99$ approximately 10% growth for the whole company when the analysis was shared!
As always happy trading my friend!
Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -
t.me/Capital55DG
t.me/Capital55DG
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.