collected by :John Locas
How to Trade GOOGL Stock NowThe Trade: Buy the GOOGL Feb $835/$837.50 debit call spread for $1.20 per contract to open.
This includes a win in November after I explained how to collect free dividends on GOOGL stock as we collected over 15% in yield on money risked.
But this time, since we are going into earnings, I will not sell any bearish risk into GOOGL earnings.
Technically, GOOGL stock was tested in late 2016 but has since recovered.
The last few trades I shared on Alphabet Inc (NASDAQ: GOOGL ) were successful.
as declared in
GOOG Stock Isn’t Stopping Alphabet’s sales growth has been meteoric.
Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) is the parent company of Google, the undisputed leader of online search and digital advertising.
It and Facebook Inc (NASDAQ:FB) controlled 50% of the $60 billion online ad market in 2015.
Yet Google is no moonshot, which is the term it has used to describe the venture capital activities in its “Other Bets” segment.
The question for investors going forward is if Alphabet can continue to dominate online advertising.
as declared in
Alphabet Inc Stock Price Targets Boosted As Analysts Defend Earnings
Alphabet stock to $1,000: Morgan StanleyMorgan Stanley analyst Brian Nowak raised his target for Alphabet stock to a nice round $1,000 per share.
Analysts from multiple firms raised their price targets for Alphabet stock following last night’s earnings report, causing the stock to rally after investors pushed shares lower right after the print.
Stifel analyst Scott Devitt boosted his price target for Alphabet stock from $950 to $1,050 per share after last night’s print.
The Google parent company reported adjusted earnings of $9.36 per share, compared to the consensus of $9.64 per share.
Bank of America Merrill Lynch analysts also agree with the view that Alphabet’s adjusted earnings should be considered a beat despite the headlines.