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Added to YB: 2023-12-29

Pitch date: 2023-12-29

GOOGL [bullish]

Alphabet Inc.

+124.92%

current return

Author Info

No bio for this author

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

$3.8T

Pitch Price

$137.51

Price Target

N/A

Dividend

0.27%

EV/EBITDA

24.75

P/E

30.83

EV/Sales

9.66

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)