Stock Worth Mentioning Today: Could Alphabet Inc Lose Strenght? The Stock Increases A Lot Today

Stock Worth Mentioning Today: Could Alphabet Inc Lose Strenght? The Stock Increases A Lot Today

The stock of Alphabet Inc (NASDAQ:GOOGL) is a huge mover today! About 2.02M shares traded hands. Alphabet Inc (NASDAQ:GOOGL) has declined 2.42% since April 13, 2016 and is downtrending. It has underperformed by 6.35% the S&P500.
The move comes after 8 months positive chart setup for the $514.97 billion company. It was reported on Nov, 15 by Barchart.com. We have $875.03 PT which if reached, will make NASDAQ:GOOGL worth $66.95 billion more.

Alphabet Inc (NASDAQ:GOOGL) Ratings Coverage

Out of 39 analysts covering Google (NASDAQ:GOOGL), 37 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 95% are positive. Google has been the topic of 80 analyst reports since August 8, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Tuesday, September 1 by William Blair. The firm has “Buy” rating by Axiom Capital given on Wednesday, June 29. Needham maintained the stock with “Buy” rating in Friday, October 23 report. Morgan Stanley upgraded Alphabet Inc (NASDAQ:GOOGL) on Wednesday, August 12 to “Overweight” rating. Deutsche Bank maintained it with “Buy” rating and $840.0 target price in Tuesday, August 11 report. Stifel Nicolaus maintained the shares of GOOGL in a report on Friday, October 23 with “Buy” rating. Morgan Stanley maintained it with “Overweight” rating and $865 target price in Wednesday, June 8 report. Argus Research maintained it with “Buy” rating and $900 target price in Monday, October 26 report. The stock of Alphabet Inc (NASDAQ:GOOGL) has “Market Outperform” rating given on Friday, July 29 by JMP Securities. The firm earned “Overweight” rating on Thursday, April 7 by Morgan Stanley.

According to Zacks Investment Research, “Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.”

More notable recent Alphabet Inc (NASDAQ:GOOGL) news were published by: Profitconfidential.com which released: “Alphabet Inc: This Could Hammer Google Stock” on November 14, 2016, also Investorplace.com with their article: “GOOGL Stock: Trump the Stupid Bears in Alphabet Inc” published on November 11, 2016, Profitconfidential.com published: “GOOG Stock: New Report Is Great News for Alphabet Inc” on November 05, 2016. More interesting news about Alphabet Inc (NASDAQ:GOOGL) were released by: Fool.com and their article: “Alphabet, Inc. Boosts Buybacks After Another Great Quarter” published on October 28, 2016 as well as Profitconfidential.com‘s news article titled: “Alphabet Inc: This GOOG Stock Trend Line is all that Matters” with publication date: November 04, 2016.

GOOGL Company Profile

Alphabet Inc., incorporated on July 23, 2015, is a holding company. The Firm holds interests in Google Inc. (Google). The Company’s divisions include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company. The Company’s technical infrastructure and Virtual Reality are also included in Google segment. Google segment is engaged in advertising, sales of digital content, applications and cloud services, as well as sale of Google branded hardware. The Other Bets segment consists of various operating divisions and includes businesses, such as Access/Google Fiber, Calico, Nest, Verily, GV, Google Capital, X and other initiatives. Other Bets segment is engaged in the sale of Nest hardware products, Internet and television services through Google Fiber, and licensing and research and development (R&D) services through Verily. Google offers products, including Gmail, which is an e-mail service; Chrome, which is a browser, and Google Play, which allows access to movies, books, music and application on various devices. Google offers platforms, including Chrome OS and Android mobile operating system.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment