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Alphabet: The Social Media Lawsuit Is Not A Long-Term Risk [Seeking Alpha]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Seeking Alpha
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
I view the $6 million LA jury verdict as a one-off event, unlikely to trigger cascading legal or regulatory risks for GOOGL. GOOGL's forward P/E premium of 83.4% is justified by 236% higher revenue growth versus the sector; I see 19.9% upside if the forward P/E premium expands to 100%. Alphabet's diversified business and strong EPS growth outlook underpin my continued Strong Buy rating for GOOGL stock despite market fears. Anna Moneymaker/Getty Images News Investment Thesis Over the last month, as the overall market has sold off as a result of the war in Iran, Alphabet Inc. ( GOOGL ) shares have dropped 21% since their peak in February. Technically, this would mean This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I [Read more]

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Alphabet: The Social Media Lawsuit Is Not A Long-Term Risk [Seeking Alpha]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
I view the $6 million LA jury verdict as a one-off event, unlikely to trigger cascading legal or regulatory risks for GOOGL. GOOGL's forward P/E premium of 83.4% is justified by 236% higher revenue growth versus the sector; I see 19.9% upside if the forward P/E premium expands to 100%. Alphabet's diversified business and strong EPS growth outlook underpin my continued Strong Buy rating for GOOGL stock despite market fears. Anna Moneymaker/Getty Images News Investment Thesis Over the last month, as the overall market has sold off as a result of the war in Iran, Alphabet Inc. ( GOOGL ) shares have dropped 21% since their peak in February. Technically, this would mean This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I [Read more]

IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change %
Volume Shares
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Event Day Chart will not be displayed beyond 90-day period of the event
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