Alphabet lived up to our ‘Buy’ recommendation from the previous quarter and cruised past our target price. The company reported a stunning first quarter of 2021 driven by strength in the company’s search, cloud, and YouTube businesses. In addition, continuous strength in ad revenue due to the economic recovery acts as a huge positive. Growth across categories like retail, technology, and consumers packaged goods drove revenues in the Google Services segment. It is worth mentioning that with incr ....
08 May 2021
Alphabet Inc. - Investment Thesis, Key Drivers, Financial Forecasts & DCF Valuation
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Alphabet Inc. - Investment Thesis, Key Drivers, Financial Forecasts & DCF Valuation
Alphabet Inc. Class A (0RIH:LON), 15,050 | Alphabet Inc. Class C (0HD6:LON), 15,200 | Alphabet Inc. Class A (GOOGL:NAS), 0 | Alphabet Inc. Class A (GOOGL.USD:SWX), 0 | Alphabet Inc. Class A (1GOOGL:MIL), 0
- Published:
08 May 2021 -
Author:
Ishan Majumdar -
Pages:
14
Alphabet lived up to our ‘Buy’ recommendation from the previous quarter and cruised past our target price. The company reported a stunning first quarter of 2021 driven by strength in the company’s search, cloud, and YouTube businesses. In addition, continuous strength in ad revenue due to the economic recovery acts as a huge positive. Growth across categories like retail, technology, and consumers packaged goods drove revenues in the Google Services segment. It is worth mentioning that with incr ....