Alphabet Isn't Quite Clicking on All Cylinders
In this MarketFoolery video segment, host Chris Hill and Supernova and Rule Breakers' David Kretzmann dig into the details of Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) second-quarter report, which certainly had its positive notes: How does a company this size grow revenue 22% in a year? The answer -- unfortunately for shareholders, who took a bit of a loss on the day -- is that it buys that growth, at an ever higher cost. Still, given all the things it's doing right, that's no reason to be a pessimist.
A full transcript follows the video.
Source: Fool.com
Alphabet Inc. A Stock
€164.16
0.200%
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 170 € shows a slightly positive potential of 3.56% compared to the current price of 164.16 € for Alphabet Inc. A.
