Alphabet: A Dip Long-Term Investors Appreciate, Reasons I'm A Buyer

Aug. 17, 2024 10:45 AM ETAlphabet Inc. (GOOG) StockGOOG42 Comments
Gytis Zizys
3.16K Followers
(12min)

Summary

  • Alphabet stock price has dipped, presenting a buying opportunity.
  • Google's search dominance remains strong despite competition.
  • Diversified revenue streams, strong financial position, and attractive valuation make Alphabet a good long-term investment.

Sign for Google officies in San Francisco

georgeclerk

Introduction

Alphabet (NASDAQ:GOOG) has taken a slight breather from climbing the price ladder, allowing me to start a small position. Below I will go through my reasons for the company’s long-term longevity.

Since my previous article, where I

This article was written by

3.16K Followers
MSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About GOOG Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on GOOG

Related Stocks

SymbolLast Price% Chg
GOOG
--