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Alphabet Ord Shs Class C GOOG

Alternate Symbol(s):  GOOGL | N.GOOG

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. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as cybersecurity, databases, analytics, and artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Duet AI for Google Cloud. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, Meet and other enterprise services.


NDAQ:GOOG - Post by User

Post by newcoinon Mar 02, 2023 6:01pm
404 Views
Post# 35316277

GOOG - Top Pick on BNN Market Call - Paul Harris

GOOG - Top Pick on BNN Market Call - Paul Harrishttps://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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