collected by :John Locas
Alphabet Inc (ticker: GOOGL, GOOG) has been on a relentless march ever since coming public in 2004, posting outstanding fundamental growth that has translated into explosive returns for investors.
Thus, Wall Street’s eyes will be fixed on Alphabet when it posts fourth-quarter earnings after markets close on Thursday.
GOOGL actually trails the S&P 500 over the past year, and shares have essentially gone nowhere since September 2016.
Over the past five years, GOOGL stock has more than doubled the Standard & Poor’s 500 index with 165 percent gains.
Alphabet’s trading at about 20 times future profit estimates on expected earnings growth of 19 percent next year and a little more than 18 percent long-term.
As it stated in
Alphabet Inc Rehires Yoky Matsuoka As CTO of Nest LabsAlphabet Inc, Google’s parent company, has rehired Yoky Matsuoka after she served briefly with Apple’s health initiatives division.
Yoky Matsuoka has shown time and again that she fits that mold perfectly.
This also includes ensuring that the products Nest releases are smart enough to play well with other smart home products from other companies.
Matsuoka – a Harvard-educated tech expert who specializes in artificial intelligence and robotics – had worked with Alphabet’s Nest Labs between 2010 and 2015 as Vice President of Technology.
As a CTO, Matsuoka’s responsibilities will include making decisions concerning which technologies that will be incorporated into Nest’s products and working with associated teams to create long-term goals for the company’s products.