Alphabet Inc. (GOOG) Stock: A Strong Pick In The technology Space?

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Alphabet Inc. (GOOG) is trending up in the market in today’s trading session. The stock, one that is focused in the technology sector, is presently priced at $[Price] after climbing [Change] so far today. As it relates to tech stocks, there are several aspects that have the ability to cause gains in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories associated with GOOG:

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Mar-21-19 01:36AM PRESS DIGEST – Wall Street Journal – March 21
12:02AM Dow Jones Futures: Market Rally Grows FANGs; These 2 Stocks Are Active Late
Mar-20-19 11:11PM Google’s new gaming service will let game makers use rival clouds, executive says
10:43PM Google’s new gaming service will let game makers use rival clouds, executive says
10:03PM Lithuanian pleads guilty in U.S. to massive fraud against Google, Facebook

However, any time investors are making a decision with regard to investing, investors should look at far more than news, especially in the ever changing tech sector. Here’s what’s happing when it comes to Alphabet Inc..

Trends That We’ve Seen From GOOG

While a gain in a single session, like the gain that we’re seeing from Alphabet Inc. might make some investors excited, a single session gain alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It is generally smart to look at trends for a period longer than a single trading session. As it relates to GOOG, below are the returns that investors have experienced:

  • Weekly – Over the last seven days, GOOG has produced a change in price in the amount of [Perf Week].
  • Past Month – The return from Alphabet Inc. throughout the last 30 days comes to [Perf Month].
  • Past Three Months – Over the past three months, the company has produced a return that works out to [Perf Quarter]
  • Past 6 Months – In the last 6 months, we’ve seen a change that equates to [Perf Half Y] from the company.
  • YTD – Since the close of last year GOOG has resulted in a return of [Perf YTD].
  • Annually – Lastly, in the past year, we’ve seen a change in the amount of [Perf Year] from GOOG. Over this period of time, the stock has sold at a high of [52W High] and a low price of [52W Low].

Ratios Worth Watching

Digging into various ratios associated with a company can provide traders a look of how dangerous and/or rewarding a pick might be. Below are some of the most important ratios to think about when digging into GOOG.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it shows that more investors are expecting that the price of the stock is going to go down. Throughout the sector, strong tech stocks can carry a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to Alphabet Inc., the stock’s short ratio clocks in at [Short Ratio].

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Essentially, they measure the company’s abilities to cover its debts as they mature using quick assets or current assets. In the tech space, many companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, the quick and current ratios can look bad. Nonetheless, several good picks in the tech industry come with positive current and quick ratios. In terms of GOOG, the quick and current ratios add up to [Quick Ratio] and [Current Ratio] respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this case, that ratio is [Book/sh].

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. In the case of GOOG, the cash to share value ratio comes to [Cash/sh].

Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in GOOG, here’s what we’re seeing:

Institutions own [Inst Own] of the company. Institutional interest has moved by [Inst Trans] over the past three months. When it comes to insiders, those who are close to the company currently own [Insider Own] percent of GOOG shares. Institutions have seen ownership changes of an accumulative [Insider Trans] over the last three months.

Analyst Opinions With Regard To Alphabet Inc.

Although it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a smart idea to consider their thoughts when validating your own opinions when it comes to making investment decisions in the tech sector. Here are the recent moves that we’ve seen from analysts with regard to GOOG.

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Oct-26-18 Reiterated Canaccord Genuity Hold $1170 → $1140
Jul-24-18 Reiterated RBC Capital Mkts Outperform $1285 → $1400
Jul-24-18 Reiterated Oppenheimer Outperform $1350 → $1450
Apr-02-18 Reiterated Pivotal Research Group Hold $1110 → $1040
Jan-30-18 Reiterated Needham Buy $1150 → $1350

Financial Performance

What have ween seen from GOOG in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – At the moment, analysts expect that Alphabet Inc. will generate earnings per diluted share of [EPS next Y], with [EPS next Q] to be announced in the earnings report for the current quarter. Although this is not associated with earnings, because we are chatting about Wall Street analysts, GOOG is currently rated a [Recom] on a scale from 1 to 5 where 1 is the worst possible Wall Street analyst grade and 5 is the best rating.
  • 5-Year Sales – Over the past 5 years, Alphabet Inc. has generated a movement in sales volume that comes to a total of [Sales past 5Y]. Earnings per share through the past half decade have experienced a change of [EPS past 5Y].
  • Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally explained in today’s society, the company has experienced a change in earnings that comes to a total of [EPS Q/Q]. Alphabet Inc. has also moved the needle with regard to sales that totals [Sales Q/Q].

What You Need To Know About Share Counts

Investors seem to have a heavy interest in the total numbers of shares both outstanding and available. As far as Alphabet Inc., there are currently [Shs Outstand] with a float of [Shs Float]. This means that of the total of [Shs Outstand] shares of GOOG currently in existence today, [Shs Float] are available to be traded in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to GOOG, the short percent of the float is [Short Float].

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Will You Help Me Become A Better AI?

I’m an AI. So, by my very nature, I can learn by myself. However, I was made by a human and human beings actually play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, write a comment below and I’ll use it to serve you better!

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