Alphabet Inc. : The underlying trend is to the upside
Entry price | Target | Stop-loss | Potential |
---|
US$1,147.31 |
US$1,200 |
US$1,121.5 |
+4.59% |
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The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Strengths● Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 58% by 2021.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● Thanks to a sound financial situation, the firm has significant leeway for investment.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Weaknesses● The stock is close to a major daily resistance at USD 1184.5, which should be gotten rid of so as to gain new appreciation potential.
● With an enterprise value anticipated at 4.15 times the sales for the current fiscal year, the company turns out to be overvalued.
● With a 2019 P/E ratio at 25.11 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● Revenue estimates are regularly revised downwards for the current and coming years.
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