Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Alphabet Inc. (GOOG): A Bull Case Theory

We came across a bullish thesis on Alphabet Inc. (GOOG) on Substack by Elliot. In this article, we will summarize the bulls’ thesis on GOOG. Alphabet Inc. (GOOG)'s share was trading at $162.42 as of April 28th. GOOG’s trailing and forward P/E were 18.13 and 18.05 respectively according to Yahoo Finance.

[caption id="attachment_963040" align="aligncenter" width="750"] Photo by Firmbee.com on Unsplash[/caption]

Alphabet (GOOG) delivered a strong Q1 performance, with revenue growing 14% year-over-year in constant currency, GAAP profits rising 20%, and margins coming in ahead of...