Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, February 4, 2022

Article Excerpt

ALPHABET INC., Nasdaq symbols GOOG $2,860.32 [class C: non-voting] and GOOGL $2,865.86 [class A: one vote per share], is your #1 Aggressive Buy for 2022. Alphabet is the parent of Google, the world’s leading Internet search engine. It gets most of its revenue from online advertising. In addition to search, Google also offers a variety of other services and products. They include Android (operating system for mobile devices), Chrome (operating system and browser), Google Cloud, Google Maps, Google Play (media downloads), Hardware (including Nest thermometers and smoke alarms) and YouTube (online videos). 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 jumped 8% this week after Alphabet reported better-than-expected fourth quarter results. It also plans to split its outstanding shares on a 20-for-1 basis, which will improve liquidity by making the shares more affordable to individual investors. The company…