3 Google Tailwinds That Could Make A Big Difference In 2023

Summary:

  • Google has multiple accounting tailwinds at its back.
  • The company’s build-up of inventory will likely decrease future pressure on operating margins.
  • A change in depreciation accounting deserves investor attention.

Seattle Tech

400tmax

Earnings, Earnings, Earnings

Last month we published an article outlining our bullish thesis for Google (NASDAQ:GOOG)(NASDAQ:GOOGL) which centered around an enormous, performance-centered compensation package for CEO Sundar Pichai. In that article we predicted that Google would

Google Quarterly Inventory

Google Quarterly Inventory (Koyfin)


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.

Additional disclosure: Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.


Leave a Reply

Your email address will not be published.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