Source: TradingView
Key Points
- Alphabet, the parent company of Google, owns and operates the two most popular websites globally, making it one of the most prominent tech companies
- Google has solid positions in online advertising where they are the biggest player and Cloud where they are the third biggest player
- The strong balance sheet of Google allows them to be one of the largest investors in AI which is expected to cement their position as one of the most important companies in the world
- The outlook with regards to Google legal issues seems more optimistic after the change of power in the States
- With a target price of $230 (30% upside potential), Google is perhaps the most attractively valued investment among the Mag7 stocks
Business Description
Google is a technology company that owns and operates a set of products mainly revolving around Google Search – the most popular web-based search engine and the most visited website on earth....
