Post a Free Blog

Submit A Press Release

Friday, March 29, 2024
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
-- Advertisement --spot_img
HomeBusinessAlphabet Earnings. Should You Buy?

Alphabet Earnings. Should You Buy?

 

Google  parent Alphabet posted Q3  2020  EPS that  beat  analysts’ estimates by a wide margin. Both total revenue and cloud revenue also surpassed expectations. Net income, revenue, and cloud revenue all rose compared to the year-ago quarter driven by increased advertising spend.

Among top  stocks  within the IBD 50, our pick for today’s best  stock to buy  and watch is Google parent company  Alphabet’s stock, which is currently building a flat base with a new buy point.   Alphabet stock  features a  strong  IBD Composite Rating of 95, alongside an Earnings Per Share Rating of 93.

Google (Alphabet) has never paid out any cash dividend to shareholders. It did  use cash buybacks instead of  dividends, which is just another way how a company can return money to its shareholders.

Alphabet has not formally confirmed its next  earnings  publication date, but the company’s estimated  earnings  date  is  Tuesday, April 27th, 2021 based off prior year’s  report  dates.

Morgan Stanley upped its price target on the stock to $2,350 to $2,036 and would mark a new all-time high.

Newton Advisors founder and President Mark Newton told CNBC on Thursday the following.

“I like Alphabet as being the preeminent stock in the FANG group and one to still favor for the weeks and the months to come,” Newton said, referring to the popular acronym used for Facebook, Amazon, Netflix and Google’s parent Alphabet.

The New York Times cites estimates that there are 1,000  Google  employees whose stock grants and options are worth more than $5 million. So there are more than 1,000  Google millionaires, including  Google’s  former masseuse, Bonnie Brown.

CWEB Analyst see Google stock as a safe bet for long term growth and a great addition to one’s portfolio and upward of $3000 by 2021

 

 

Subscribe to get Latest News Updates

Latest News Articles

You may like more
more

Walgreens Boots Alliance Shares Gains 3 percent Following Q2 Results

Walgreens Boots Alliance (NASDAQ:WBA) shares rose more than 3%...

Home Depot to Buy SRS Distribution

Home Depot (NYSE:HD) announced its intention to purchase SRS...

Google code on Pinterest app suggests potential test of ad units, CWEB analysts say

Google and Pinterest might be testing a new partnership....

DraftKings Falls, NCAA Wants to Ban College Prop Bets. CWEB analysts issue Hold Rating on the stock.

Shares of DraftKings Inc.(DKNG) experienced a significant decline on...