Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, April 30, 2021

Article Excerpt

ALPHABET INC. is your #1 Aggressive buy for 2021. The company (Nasdaq symbols GOOG $2,410.12 [class C: non-voting] and GOOGL $2,353.50 [class A: one vote per share) is the parent of Google, the world’s leading Internet search engine. In addition to search, Google also offers a variety of other services. They include Android (operating system for mobile devices), Chrome (operating system for desktops), Google Cloud, Google Maps, Google Play, Hardware (including Nest), Search, and YouTube. Advertising supplies about 80% of Alphabet’s total revenue. The company’s “Other Bets” division consist of several unrelated businesses that are still in the early stages of their development. They include Waymo (self-driving cars) and Calico (medical research and drug development). The stock hit a new all-time high this week after the company reported much stronger-than-expected quarterly results thanks to a big jump in online advertising revenue, as well as strong performances by its cloud and YouTube businesses. In the three months ended March 31, 2021, Alphabet’s revenue rose 34.4%, to…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.