Google's 'Mojo' Is Back, Says Wedbush Analyst Dan Ives, Sees More Upside For Alphabet Stock
Portfolio Pulse from Benzinga Neuro
Wedbush analyst Dan Ives is optimistic about Alphabet Inc. (NASDAQ:GOOGL, NASDAQ:GOOG), citing a resurgence in the company's momentum, particularly in AI and advertising. Despite a recent sell-off, Alphabet's strong Q2 financial performance and future potential in AI are highlighted.
July 25, 2024 | 3:27 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Alphabet Inc. Class C shares have also shown strong financial performance in Q2, surpassing revenue and earnings estimates. Analyst Dan Ives is bullish on the company's future in AI and advertising, despite a recent sell-off.
Similar to GOOGL, Alphabet's Class C shares are expected to benefit from the company's strong Q2 performance and positive outlook in AI and advertising, indicating potential upward movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Alphabet Inc. Class A shares have shown strong financial performance in Q2, beating both revenue and earnings estimates. Analyst Dan Ives is optimistic about the company's future in AI and advertising, despite a recent sell-off.
Alphabet's strong Q2 performance and positive analyst outlook suggest a potential upward movement in the stock price. The company's advancements in AI and advertising are key growth drivers.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100