Last price: $166.28
52w range:
$148.01
to
$208.70
52w change:
12.00%
to
-20.00%
Forward PE: 18.58
Trailing EPS: 8.05
50d average: $185.72
(-10%)
200d average: $176.89
(-6%)
Open: $163.91
Previous close: $162.67
Change: $3.61
(2.22%)
Day high: $168.13
Day low: $163.06
Volume: 24.85 million
Avg. vol 3m: 18.52 million
NasdaqGS
NASDAQ:GOOG
Cap: 2.01 trillion
Shares outstanding: 5.5 billion
Price hint: 2
Price to book: 6.25
Annual dividend rate: 0.80
Yahoo Quote
As an investment advisor, let me provide you with an overview of Alphabet Inc.
Alphabet Inc. is a multinational conglomerate and one of the world's largest technology companies. It was created in 2015 as a result of the restructuring of Google Inc. The company is primarily known for its internet-related products and services, including search engines, online advertising technologies, cloud computing, software, and hardware.
Strengths:
1. Dominant position in online advertising: Alphabet's subsidiary, Google, holds a significant market share with its search engine and advertising platforms, generating substantial revenue.
2. Diversified product portfolio: Besides its search engine, Alphabet offers a wide range of products, including YouTube, Google Cloud, Android operating system, and hardware devices like Pixel smartphones and Nest smart home devices.
3. Continuous innovation: Alphabet invests significantly in research and development, focusing on emerging technologies such as artificial intelligence, autonomous vehicles, and virtual reality, giving them a competitive edge in the long run.
4. Strong financial performance: The company consistently reports strong financial results, with a solid revenue growth trajectory and a healthy cash reserve.
Considerations:
1. Increasing regulatory scrutiny: Alphabet faces regulatory challenges globally, especially regarding antitrust concerns and data privacy. Any adverse regulatory changes may impact the company's operations and profitability.
2. Competition in the tech industry: The technology sector is highly competitive, and Alphabet faces competition from various companies, such as Apple, Facebook, Amazon, and Microsoft. Intense competition could affect market share and profitability.
3. Dependence on online advertising: A considerable portion of Alphabet's revenue comes from online advertising, which could be impacted by factors like changes in user behavior, ad-blocking technologies, or economic downturns.
Overall, Alphabet Inc. has an impressive track record of innovation and a dominant position in the tech industry, making it an appealing investment for many. However, it is crucial to consider the risks associated with its reliance on online advertising and potential regulatory challenges before making any investment decisions.