Google: Still The Best Tech Mega-Cap Stock Entering 2025
Portfolio Pulse from
Alphabet's stock is considered undervalued with strong fundamentals and future prospects, earning a Strong Buy rating. Q3 2024 results showed revenue of $88.3 billion and EPS of $2.12, beating expectations with 15% sales growth and 37% earnings increase. Alphabet's diversified business model ensures continued growth.
December 06, 2024 | 12:00 pm
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Alphabet's stock is undervalued with strong fundamentals and future prospects, earning a Strong Buy rating. Q3 2024 results showed revenue of $88.3 billion and EPS of $2.12, beating expectations with 15% sales growth and 37% earnings increase.
Alphabet's strong Q3 2024 results, with revenue and EPS beating expectations, indicate robust financial health and growth potential. The stock's undervaluation and diversified business model further support a positive short-term price impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100