1. Google's Q3 earnings exceeded EPS by $0.27 and revenue by $2.05B. YouTube revenue exceeded $50B; Cloud grew 35% YoY. The stock is upgraded to Strong Buy with an expectation of 385% EV growth in 10 years. 2. Despite the threat from AI rivals like ChatGPT and the lagging Gemini, Google must enhance its AI capabilities. 3. The diversification and investments in AI and YouTube support the Strong Buy rating.
Related Articles
- Alphabet: The Bear Case Loses Steam5 months ago
- Palantir Should Be Breaking New Highs5 months ago
- Celestica: Valuation Is Too Attractive To Ignore5 months ago
- Alphabet: 2 Reasons To Buy The Dip In This Incredible Long-Term Compounder (Rating Upgrade)6 months ago
- Microsoft: 5 Reasons Why The Stock Is Now A Strong Buy6 months ago
- Alphabet Q4: Mixed Results And A Buying Opportunity7 months ago
- Zuckerberg Is Betting Big On AI, But Meta's Stock Price Is High7 months ago
- Palantir: Halfway Through Our Top Tech Pick For The 2020s9 months ago
- Google Is Still One Of The Best Mega-Cap Stocks To Buy9 months ago
- Advanced Micro Devices: A No-Brainer Buy For Long-Term Value Investors In 20259 months ago