GOOGL is diversifying its earnings base with businesses like Google Cloud, Google Play, Hardware, and YouTube. Trading on a twelve-month EV to EBITDA multiple of 10.2x, a forward PE multiple of 18.1x and a forward price to cash flow multiple of 13.1x, GOOGL appears cheap relative to its peers and its own history and offers attractive value relative to its long-term growth opportunities.
Disc: A happy holder since last year. Seems good buying for a quality company.
Agreed.
GOOGL has done well over the years and the recent run was a pleasant surprise.
It was a bit slower off the mark than its mega peers and likewise the 'dip' during the past 4 weeks also a bit slow. I actually hope for a larger dip in October as a top-up would be good.
Wow
Earnings per share: $1.89 vs. $1.51 per share expected by LSEG
https://www.cnbc.com/2024/04/25/alphabet-set-to-report-first-quarter-results-after-market-close.html
Yes, stunning result. Happy holder!