Google Strikes Back

Summary:

  • Google reported stellar earnings results for Q1 last week.
  • In addition to the great performance, it’s likely that Google will remain one of the dominant players in the digital advertising industry and won’t lose its leadership spot anytime soon.
  • Even though the rise of various AI solutions of its competitors along with a stricter regulatory environment could disrupt its operations, it’s unlikely to happen in the following quarters.
  • As such, Google’s great performance in recent months makes me believe that its stock is still one of the best investments on the market right now.

Google Chrome artifcial intelligence App

stockcam

Despite all the chatter about how Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) aka Google is about to lose its dominant position in the digital advertising market due to the rise of competitors with functioning AI solutions

Google's DCF Model

Google’s DCF Model (Historical Data: Seeking Alpha, Assumptions: Author)

Google's DCF Model

Google’s DCF Model (Historical Data: Seeking Alpha, Assumptions: Author)


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.

Bohdan Kucheriavyi and/or BlackSquare Capital is/are not a financial/investment advisor, broker, or dealer. He's/It's/They're solely sharing personal experience and opinion; therefore, all strategies, tips, suggestions, and recommendations shared are solely for informational purposes. There are risks associated with investing in securities. Investing in stocks, bonds, options, exchange-traded funds, mutual funds, and money market funds involves the risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including greater volatility and political, economic, and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.

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.


Brave New World Awaits You

The world is in disarray and it’s time to build a portfolio that will weather all the systemic shocks that will come your way. BlackSquare Capital offers you exactly that! No matter whether you are a beginner or a professional investor, this service aims at giving you all the necessary tools and ideas to either build from scratch or expand your own portfolio to tackle the current unpredictability of the markets and minimize the downside that comes with volatility and uncertainty. Sign up for a free 14-day trial today and see if it’s worth it for you!

Leave a Reply

Your email address will not be published. Required fields are marked *