Google: More Than 100% Growth Potential By 2029, Regression Analysis


  • GOOG has more than 100% growth potential by 2029 based on regression analysis.
  • Alphabet Inc. stock has outperformed the S&P 500 by 9% in the last three years, with a 41% increase.
  • I have a bullish outlook on GOOG due to innovations, diversification, and favorable market trends in AI, cloud computing, and digital advertising.
  • Technical analysis shows GOOG in a bullish trend with strong resistance to price declines, making it undervalued and a buy.

Mountain View, CA/USA - May 21, 2018: Exterior view of a Googleplex building, the corporate headquarters complex of Google and its parent company Alphabet Inc.


Investment Thesis

Alphabet Inc.(NASDAQ:GOOG) stock has soared by about 41% over the last three years, outperforming the S&P 500 by about 9%.

I am bullish on this stock and I believe that it will sustain its

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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