I Predicted Google’s 2022 Stock Decline; Here’s The Price I’ll Start Buying In 2023


  • A year ago, I predicted Alphabet would see a significant earnings decline within two years, and the price would fall -30% to -40% off its highs.
  • That prediction was correct, and last October I raised Alphabet stock from a “Sell” to a “Hold”, and shared the price I would be willing to buy it in 2022.
  • The 2022 buy price came close, but didn’t hit. This article shares an updated estimate for 2023’s earnings, and the price I would be willing to buy the stock in 2023.
fortune telling 2023 with a crystal ball in a hand, festive atmosphere for happy new year party or award ceremony or other celebrations, 3d illustration



About a year ago, on February 24th, 2022, I wrote a “Sell” article warning investors about the downside risk of Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) stock titled “Apple & Alphabet Will Not Side-Step A Deep Bear Market

Disclosure: I/we have a beneficial long position in the shares of META 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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