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....