A tech selloff last week pushed Wall Street lower, but one mega-cap name that seems to be holding its own is Alphabet (GOOG)(GOOGL), with shares of the Google parent having gained since the search giant’s latest earnings report.
Despite Google’s climb, one Seeking Alpha analyst believes the stock is a Sell.
In Contrary To What You Might Think, Alphabet Ain’t Cheap, Rational Techne says that Alphabet shares currently look significantly overvalued when using conservative assumptions regarding profitability and the AI infrastructure buildout.
The analyst went on to express that even the rosiest of assumptions seem to fail to justify the current stock price.
“At current prices, I think Google’s stock is fragile,” Rational Techne said.
On the other hand, many other SA analysts list shares of Alphabet as a Buy or a Strong Buy. See below where other SA analysts view GOOG:
- SA Analyst Deep Value Investing: Strong Buy
- SA Analyst Cash Flow Venue: Strong Buy
- SA Analyst Jack Elias: Strong Buy
- SA analyst Juxtaposed Ideas: Buy
- SA Analyst Daniel Jones: Buy
For additional exposure to GOOG investors can turn towards exchange traded funds. These 10 funds have the largest exposure to Alphabet: (GXPC), (GOOW), (FCOM), (IXP), (RVER), (VOX), (QQQU), (XLC), (GGL), and (SEMG).
Alphabet’s Performance and Ranking
- 1-Month: +19.1%.
- 6-Month: +82.1%.
- Year-to-Date: +52.5%.
- SA Quant Rating: 3.49.
- SA Analyst Rating: 4.09.
- Wall Street Rating: 4.50.