Shares & Derivatives
Alphabet Inc. (NASDAQ:GOOGL) tanked. Added more.
By Live Rich Life Free  •  April 27, 2022
The share price of Alphabet Inc. (NASDAQ:GOOGL) tanked more than 3% today and around 20% since beginning of 2022. This is after reported quarterly earnings that missed expectations. Net income of US$16.4b from revenue of US$68b that grew 23% year-on-year. Youtube advertising revenue was $6.87b vs. $7.51b expected. How irrational can the market be? Sensing opportunity during "crisis", I accumulated another share of Alphabet Inc. My order at US$2278 has been filled this evening. I now own 4 shares of Alphabet Inc., positioning for 80 shares post-split. I reserve my last bullet to be fired near US$2000 or after the stock split on 15 Jul 2022. I have earlier shared on the 8 reasons Why I Invested in Alphabet Inc. Monopoly dominance, exponential growth, ever-growing share price, strong moat, stock split, resilience, below intrinsic value make this Mega Tech stock a no brainer to own for the long-term....
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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