Alphabet Inc. : Attractive timing with a long term view to go long again
Entry price | Target | Stop-loss | Potential |
---|
$1,131.03 |
$1,370 |
$990 |
+21.13% |
---|
Technically, timing appears good within a medium term time horizon to buy shares in Alphabet Inc.. The technical support area at 1068.37 USD effectively limits downside risk and should allow the stock to get back into an upward dynamic.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● Share prices are approaching a strong support area in daily data, which offers good timing for investors.
● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Analysts covering this company mostly recommend stock overweighting or purchase.
Weaknesses● The company's enterprise value to sales, at 3.66 times its current sales, is high.
● With a 2020 P/E ratio at 22.66 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
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