Alphabet Stock Looks Undervalued at Current Levels, Says Top Analyst [Yahoo! Finance News]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance News
There is no doubt that the coronavirus driven decimation of the market has presented investors with fresh opportunities out of reach before the outbreak began. Alphabet (GOOGL) is a case in point. The stock is down 16% year-to-date (after today's 7% pop). The silver lining for investors has not gone unnoticed by Tigress Financial’s Ivan Feinseth. The 5-star analyst reiterated his bullish stance on Alphabet shares with a Strong Buy rating. (To watch Feinseth’s track record, click here)The current vote of confidence in GOOGL, which has widespread support all over the Street, is a clear indication of of the company's resilient business model. The health of GOOGL’s finances has become even more pronounced, especially when you take into consideration it will see a significant slash to its main source of income in the short term. After all, advertising revenue amounted to a massive 83% of Alphabet’s total $162 billion revenue in 2019. As marketing budgets receive extreme haircuts on account
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GOOG
Earnings
- 1/30/24 - Beat
GOOG
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 144
- 4/17/24 - Form 144
- GOOG's page on the SEC website