Professional
Added to YB: 2023-12-29
Pitch date: 2023-12-29
GOOGL [bullish]
Alphabet Inc.
+118.31%
current return
Author Info
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Company Info
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Market Cap
$3.6T
Pitch Price
$137.41
Price Target
N/A
Dividend
0.28%
EV/EBITDA
22.57
P/E
27.38
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Show full summary:
Needham chooses $GOOGL as a top 2 tech stock for 2024
$GOOGL top Big Tech pick for '24: ad spend recovery, Chrome cookie phaseout, GenAI dominance w/ $AMZN $MSFT via cloud LLMs automate 20-30% of jobs. Near-term GenAI adoption drives ROIC growth, US firms gain EU mkt share on lower costs. $GOOGL key beneficiary of US GenAI productivity boost
Read full article (1 min)