Google Is Still A Buy After Annual Report
Feb 5, 2025
Alphabet (Google) announced its Q4 and fiscal year results recently. The company reported 14% revenue growth for the year, with solid growth both in its core search, Youtube, and devices unit (+10% growth, 88% of sales) and Google Cloud (+30%). Profit margins improved over a year ago, and buybacks were effective in reducing share count by 5.5% on the year. The firm announced a big $75 million capital expenditure target for 2025 (50% higher than 2024) to capture the burgeoning opportunities in AI services. Google stock looks like an excellent opportunity, trading more than 35% under our new $325 fair value price. It is a buy right now.
Follow @GreenDotStocks
Information contained on this website represents only the opinions of the author and should not be used as the sole basis for investing decisions. By using this site, you agree to all statements in the Site Policy.
Watch List
| VEEV | 12.35% |
| SNOW | 52.30% |
| WDAY | -8.24% |
| ENLT | -7.29% |
| WEAV | -20.17% |
| SE | 46.11% |
| SPSC | 15.76% |
| RDDT | 8.84% |
| APPF | 5.96% |
| CMG | 38.44% |
| INTU | 46.55% |
| PSTG | 16.46% |
| CRWD | 118.80% |
| NTNX | 42.70% |
vs. Fair Value Estimates
Buy List
| TBBB | -28.25% |
| SEMR | -34.93% |
| TSM | -30.16% |
| ZETA | -35.35% |
| GOOG | -47.42% |
| HRMY | -51.95% |
| GLBE | -28.44% |
| YOU | -34.88% |
| ABNB | -27.18% |
| ADBE | -37.26% |
vs. Fair Value Estimates
Hold List
| PINS | -19.22% |
| ASML | -14.97% |
| VTEX | 2.56% |
| NYAX | -20.16% |
| MSFT | -16.16% |
| ODD | 15.94% |
| ASR | -21.82% |
| FLYW | -15.37% |
| CELH | 22.90% |
| TOST | 43.30% |
| CPNG | 6.94% |
| HIMS | 43.72% |
| PAYC | -1.32% |
| MNDY | 28.30% |
| ZS | 76.61% |
| V | 0.64% |
| ADSK | 6.98% |
| NOW | 22.24% |
| MELI | -22.42% |
| FTNT | 1.46% |
| TEAM | -11.37% |
vs. Fair Value Estimates