Professional
Added to YB: 2024-03-26
Pitch date: 2024-03-24
GOOG [bullish]
Alphabet Inc.
+107.12%
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
$3.7T
Pitch Price
$148.82
Price Target
N/A
Dividend
0.27%
EV/EBITDA
24.50
P/E
30.52
EV/Sales
9.56
Sector
Interactive Media and Services
Category
value
Pershing Square's Portfolio Holding: Alphabet Inc.
GOOG: Initiated position at attractive valuation amidst AI concerns. Strong ad revenue growth, margin expansion, and share buybacks in 2023. Challenges with Gemini chatbot rollout, but well-positioned in AI with data, distribution, infrastructure, and expertise advantages. Gemini 1.5 model a step-change improvement. Search franchise evolving with AI enhancements. Trades at 19x forward earnings, a discount to peers despite similar growth.
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