Alphabet Crushes Expectations on Mobile, YouTube Strength
Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) released third-quarter 2017 results on Thursday after the market closed, demolishing investors' expectations with strong top- and bottom-line results. Shares of the internet-search juggernaut jumped nearly 5% on Friday in response, easily eclipsing the $1000-per-share mark for the first time.
Let's look at the underlying drivers for Google's parent company as it started the second half of the year, and at what investors should anticipate in the months ahead.
IMAGE SOURCE: ALPHABET, INC.
Source: Fool.com
Alphabet Inc. A Stock
€307.00
-1.210%
With 166 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 334 € there is a slightly positive potential of 8.79% for Alphabet Inc. A compared to the current price of 307.0 €.
