Updated
Updated · Seeking Alpha · Jun 27Analyst Reaffirms Alphabet Buy on Google Cloud Growth and Margin Expansion After Mid-May Call
3 articles · Updated · Seeking Alpha · Jun 27Summary
- Alphabet kept a buy rating in a June 27 analyst note, with the call reaffirmed after a mid-May recommendation.
- Google Cloud growth, expanding operating margins and what the analyst described as an inexpensive valuation underpinned the bullish view.
- The latest report frames those operating trends as the main reason the stock still merits a positive stance despite gains since the earlier update.
- The note keeps the focus on Alphabet’s cloud momentum and profitability as the key drivers for the shares going forward.
Insights
Alphabet is betting $190B on AI. Will the massive stock sale needed to fund it dilute shareholder value before the investment pays off? Google Cloud's growth is soaring, but it's losing top AI talent. Can the company win the AI war without its key engineers?