Stock Talk - Investment Decision - Alphabet

Stock Talk

Google or Alphabet has been on my wish list for a long time, so when the stock started languishing in the low $1100’s, I thought I should take a look. There has been a lot of chatter of more regulatory oversight of the big tech companies including Alphabet. That being said the company is a juggernaut and is one of the most profitable companies on the planet. It is in fierce competition to control the ecosystem of many important industries so I couldn’t avoid an opportunity to pick it up at a bit of discount. In this episode I share my analysis that led me to open a position. Sure enough the day I bought it the earnings report came and the stock popped 10 percent!