Alphabet's Wiz Acquisition - A Game Changer For Cloud Security And Growth

Star Investments
6.02K Followers
(33min)

Summary

  • Alphabet's Q4 2024 revenue miss, concerns over slowing cloud growth, and AI infrastructure spending have negatively impacted the stock.
  • A potential DOJ-enforced divestiture of Chrome could fetch up to $20 billion, offering opportunities for debt reduction, dividends, or acquisitions.
  • The company last saw a P/E ratio of around 18 at the beginning of 2023.
  • Its Wiz acquisition could become a competitive advantage against AWS and Azure.
  • GOOG stock remains a 'Buy'.

Tech

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My last article on Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) on December 27, 2024, reviewed the company's long-term prospects in quantum computing, which has high upside potential. I gave the company a buy rating. Unfortunately, since I wrote that article, the company reported disappointing

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I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocks

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG, GOOGL 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.

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