Bullboard - Stock Discussion Forum Alphabet Ord Shs Class C N.GOOG

Primary Symbol: GOOG Alternate Symbol(s): GOOGL

Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers... see more

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Alphabet Ord Shs Class C > GOOG - Top Pick on BNN Market Call - Paul Harris

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Post by newcoin on Mar 02, 2023 6:01pm

GOOG - Top Pick on BNN Market Call - Paul Harris

https://www.bnnbloomberg.ca/paul-harris-top-picks-march-2-2023-1.1890461

Alphabet (GOOG NASD)

Alphabet is a top search destination on the web and provides a leading search marketing platform for advertisers and merchants. The company continues to see growth in YouTube and its ability to monetize advertising. The stock trades at 18 times earnings. It will generate $50 billion in free cash flow in 2023 and has no debt. Has significant secular growth from internet advertising, strong market share in search and other internet advertising segments. Google has a 30 per cent share of U.S. digital ad revenue and global ad revenue is expected to reach well over 400bln in 2024 and digital advertising accounts for more than 50 per cent of total ad spend. The restrictions that Apple has put on iPhone help google.

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