Google: Why I Am Buying The 'DOJ' Dip
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Google's stock has dipped 5% following antitrust pressure from the DOJ, which proposed breaking up its Search, Chrome, and Android businesses. Despite these challenges, the author remains optimistic about Google's dominance in digital advertising and Cloud, recommending buying the dip.
November 25, 2024 | 10:15 pm
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Google's stock has dropped 5% due to DOJ's antitrust proposal to break up its core businesses. However, the company's strong position in digital advertising and Cloud services suggests resilience, making it a potential buying opportunity.
The DOJ's proposal to break up Google's core businesses has led to a 5% drop in its stock price. However, the company's continued strength in digital advertising and Cloud services suggests that it can withstand these legal challenges. The author believes that the likelihood of a forced sale is low, making the current dip a buying opportunity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100