Smart investing insights await! Click here for my article on The Smart Investor.
Pre-article musings below…
News of Alphabet‘s (NASDAQ: GOOG) stock price dip after their Q4 FY2024 earnings release last week barely registered with me. To be honest, I was too busy conquering the world in “Civilisation VI”, which is free on Netflix (NASDAQ: NFLX) now!
It wasn’t until the weekend that I finally took a look at the results and earnings call transcripts. And, as I suspected, the story was far more nuanced than the headlines suggested.
I have learnt from my seven years experience in the US market that the market and I appreciate different aspects of a company. While the market fretted over Google Cloud’s slowing growth and missed estimates, I was focused on the bigger picture: Alphabet’s overall growth trajectory.
Even the Bloomberg article’s featured image tells the real story – Google Cloud’s revenue has been steadily climbing for the past twelve quarters, allowing the segment to transform from initial losses to impressive profits.
So, was the market’s concern warranted, or was this dip a golden opportunity to snag shares of this advertising giant? I dug deeper to find out. Read the article on The Smart Investor for my analysis.
Discover more from The Fat Investor
Subscribe to get the latest posts sent to your email.