We came across a bullish thesis on Alphabet Inc. (GOOGL) on Substack by Bulls On Parade. In this article, we will summarize the bulls’ thesis on GOOGL. Alphabet Inc. (GOOGL)’s share was trading at $165.87 as of March 10th. GOOGL’s trailing and forward P/E were 20.63 and 18.73 respectively according to Yahoo Finance.
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The recent market correction, driven by macroeconomic fears such as trade wars, inflation, and recession concerns, has created a compelling...
