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Added to YB: 2024-05-17

Pitch date: 2024-03-31

GOOG [bullish]

Alphabet Inc.

+106.08%

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

$149.56

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

growth

Show full summary:
Baron Fifth Avenue Growth Fund New Position: Alphabet Inc.

GOOG: Initiated position. 90%+ search share, YouTube w/ 2B+ users, growing cloud biz. AI advantages: consumer data, distribution, research labs, engineering talent. Maintained search share vs ChatGPT. Mid-teens EPS growth potential from core biz, cost discipline & Waymo optionality. 20x P/E for dominant, quality biz.

Read full article (3 min)