Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, June 16, 2017

Article Excerpt

ALPHABET INC., Nasdaq symbols GOOG (class C non-voting), $939.78, and GOOGL (class A voting), $958.62, is the holding company for Google’s Internet search business and its smaller, riskier operations. Alphabet calls those smaller businesses its “Other Bets”; they sell home thermostats, high-speed Internet and digital TV services, among other tech products. The company recently agreed to sell its Boston Dynamics business to Japan’s SoftBank Group for an undisclosed sum. That operation is part of the Other Bets division and is developing robots that can walk on either two legs or four. Alphabet will instead focus on making artificial intelligence software that helps robots learn from their experiences. Shareholders should keep holding their class A stock. For new buying, we recommend the cheaper class C shares. OUR RECOMMENDATION: Alphabet is our #1 Aggressive buy for 2017. Alphabet recent coverage Hotline for April 28, 2017 April 2017 issue VERIZON COMMUNICATIONS INC., $46.63, New York symbol VZ, has now completed its purchase of the Internet search business and related websites…