Why The S&P 500 May Be Heading To 3,100 [Seeking Alpha]
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: Seeking Alpha
Why The S&P 500 May Be Heading To 3,100 Summary The S&P 500 appears to be cheap at current levels. The SPY ETF suggests a technical breakout is near. The G20 will add a great deal of clarity around the market's outlook. There has been a lot of nervousness among investors as trade headlines help to lift or sink the S&P 500 ( Based on the technical chart the SPDR S&P 500 ETF appears it's nearing a potential breakout that could send the ETF to a new all-time high of around $305, which would equate to approximately 3,050 on the index. You can track all of my free SA articles on this google spreadsheet I created. Modeling Estimates for the S&P 500 I created my very own model to estimate the S&P 500 earnings for 2019, 2020 and 2021. I did this by taking the aggregate of the consensus analysts estimates for the components in the S&P 500. Based on my model, I estimate that the S&P 500 will earn $165.02 per share in 2019 and $183.19 in 2020. It means that the S&P 500 is currently trading at a
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GOOG
News
- Dow Jones Futures: Nvidia Leads 7 New Buys As Market Roars; Fed, Apple, Super Micro Loom [Yahoo! Finance]Yahoo! Finance
- Analysts revamp Microsoft stock price target after earnings [Yahoo! Finance]Yahoo! Finance
- Google to invest $2B in northeast Indiana data center [Yahoo! Finance]Yahoo! Finance
- Stock market today: Alphabet and Microsoft help Wall Street clinch its best week in nearly 6 months [Los Angeles Times (CA)]Los Angeles Times
- Stock market today: Indexes gain as investors assess new inflation data and latest earnings [Yahoo! Finance]Yahoo! Finance
GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form ARS
- GOOG's page on the SEC website