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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
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
Netlist (NLST) - A Harmonic, a Schiff and an Earnings Report . .. . Walk into a bar . . :) All kidding aside and this is by no means investment advice but we've got two possibilities here. One could easily apply a Schiff pitchfork to the upside and be correct BUT, given that they missed earnings estimates with a -24% downside surprise and given the history of Netlist filling gaps, I'm gonna err towards the logic applied when we saw those big red douchy candles on the 23rd of July and then post earnings August 9th dump. I think we may see those gaps fill down below and I'd personally love to snap it up again cheap (bought at $0.65, took a few scalps between $2 and $3 before it got away from me to run up 20x . . sigh . . ) Some of you know that I take scalps so I'll be looking to trade this inside the pipe with the hope of longing into a $50 target position next year for some more good gains. . Anyway, Good luck friends!
OTC:NLST
by FudBox
31
FAANG Stocks: Ready To FALL? Hidden Fibonacci Pattern FormingTraders, FAANG (Facebook, Apple, Amazon, Netflix and Google) share basket is forming a hidden pattern which can push these stocks down. However there are certain conditions that we must have. In this top down analysis we see how Fibonacci Confluence Pattern (FCP Pattern) is forming a zone which can create a massive trade opportunity. If you are invested in any of these stocks then you must watch it so that you are aware of this. Also if you are looking for short opportunity because you think markets are over extended, then also you must be aware of this. I also posted a similar pattern which is appearing on Netflix. Find that in the related ideas below. 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. ____________________________________________________
FX:FAANGShort
by vikinsa
6
Told about it 3 weeks ago (GOOGL)Hello everyone , as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ 3 weeks ago on july 6 i posted an idea about the Google stock and how its seems to be in a strong bullish movement and today we see that come to life , the price has risen up by almost 12% in the last few weeks alone reaching 2805.07 an all time high . The price of the stock is at 2721.88 in an upward channel and the Stock bullish movement doesnt seems to be stopping yet as we could be seeing the price hitting the resistance lines at 2797.40 and 2926.80 which would be huge for the shareholders . different indicators showing that where : 1) The market price trading way above the 50 MA and EMA .(bullish sign) 2) The RSI is at 82.51 showing great strength in the Stock and sitting in overbought zone with no noticeable divergences.(bullish sign) 3)The MACD histogram showing good momentum with a positive crossover happening (bullish sign) The alternative scenario would be if the price dropped down and hit the support line at 2531.00 which could determine the outcome for this stock but the possibility of this happening is around 5% to 9%. note that we did see a shooting star pattern on jul 12 which is a bearish sign but it was proven false when the market jumped up. After all the long and short term trends are both positive. and Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up. Support & Resistance points : support Resistance 1) 2531.0 1) 2728.9 2) 2401.6 2) 2797.4 3) 2333.1 3) 2926.8 This is my personal opinion , not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:GOOGLLong
by GabiDahduh
4
MICROSOFT BreakoutAn asset I have been watching for over a month now has finally flashed some signals I have been waiting for as it has done something very major that not many will realize until weeks from now and that is that it has broken bullish out of a huge ascending channel pattern. This pattern has kept the price consolidating inside of it since September of last year and appears to be in the process of confirming this on the weekly time frame by bouncing nicely off of $283.43. This is very important because this price corresponds with the .786 fibonacci level, a level regarded as a major pivot spot for swings. Often known to be reversal areas, they can equally be a springboard for higher prices when support is found on this level. And that is exactly what appears to be taking place as we speak. I have been in a long at $290 with orders waiting around $283 and sub $283 as well. Potential target area is $295 as a new all time high in the near future, followed by an additional 5% move to $311.
NASDAQ:MSFTLong
by TradeVibez
Google Inc. Wednesday, 28 July 2021 17:00 PM (WIB) Google currently at very strong resistance lines, and I've been watching for a while to the chart that seems likely to have some correctives or short terms, but failed to decrease the chart into support lines. I believe the chart has fantastic opportunities to rise more up to $4.000 or even more in this year. Once the chart near to middle lines or support lines, I would love to enter the market for long term transactions again. Best regards, RyodaBrainless "Live to Ride and Ride to Live"
CAPITALCOM:GOOGL
by RyodaBrainless
2
Google Trade Opportunity Google's price has been in a clear ascending symmetrical channel for almost 10 months now. The bias on this should be bearish, however, Google has just bounced once again off of the lower level of the channel thus confirming it as support once more. Downside risk is around 2.5% as a return to the lower trendline would not be out of the ordinary. A break and close below the trendline on the weekly will be enough to refrain from seeking any further immediate longs. Your profit taking target will be the top of the channel which is currently sitting at around 12% to the upside.
NASDAQ:GOOGLLong
by TradeVibez
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